Sanghvi Brands Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/06/2020 ,inter alia, to consider and approve 1. To discuss and approve the closure of wholly owned subsidiary (WOS) of the Company incorporated in USA i.e. Sanghvi Brands US Holdings INC along with subsidiaries 2. To grant unsecured loan to its joint venture i.e. Sanghvi Brands Beauty & Spa LLC (UAE) amounting to AED 2,00,000 in one or more tranches 3. To consider and evaluate new business line for manufacturing/marketing/promotion of wellness products 4. To Appoint A.M. Antarkar & Co. as the Secretarial Auditor pursuant to Section 204 of the Companies Act 2013 for conducting the audit of the Company for the year ended 31st March 2020 5. Any other item, if any, with the permission of the Chair