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Outcome of board meeting of India Glycols

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Held on 07 October 2017

The Board of Glycols announced that the Board of Directors of the Company in its meeting held on 7 October, 2017 has constituted and authorized a Committee to explore and evaluate the option(s) for sale/disposal of Company's investment in its subsidiary namely Shakumbari Sugar and Allied Industries and/or its assets, in accordance with applicable regulations.

The final outcome/recommendation of the Committee shall be placed before the Board for consideration and approval, before any final decision is taken.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, October 07 2017. 15:20 IST
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