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Outcome of board meeting of Insilco

Capital Market 

Held on 04 December 2017

announced that the Board of Directors of the Company at its meeting held on 04 December 2017 approved the following -

To discontinue and cancel the earlier proposal of implementation of Coal Fired Hot Air Unit.

To install propane-LPG system for using into its manufacturing process in place of the earlier proposal of installation of Coal Fired Hot Air Unit at Gajraula plant. The same will result into significant energy cost saving as compared to existing cost of High Speed Diesel.

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

First Published: Mon, December 04 2017. 15:14 IST