Held on 18 October 2016Bloom Industries announced that the Board of Directors of the Company at its meeting held on 18 October 2016, inter alia, has took following decision;
1. The Board has approved the sale of Company's Land, Building and Other Assets subject to the approval of Shareholders.
2. The Board has approved the Shifting of Registered Office of the Company from its present location to Juhu which is outside the local limit of Raigad district subject to approval of Shareholders.
3. The Board has approved the appointment of Dr. S. K. Jain, Practising Company Secretary as a Scrutinizer for conducting the Postal Ballot Process in a fair and transparent manner.
4. The Board has approved the seeking approval of Shareholders under Section 180(1)(a) and Section 12 of the Companies Act, 2013 read with Rules made thereunder.
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