At meeting held on 06 January 2015
Gujarat Toolroom announced that the Board of Directors of the Company at its meeting held on 06 January 2015, has decided/transacted following business :1. Approved the draft Scheme of Capital Reduction of Gujarat Toolroom under section 100 to 104 of the Companies act, 1956 read with 391 of the Companies act, 1956 subject to necessary approvals.
Further, the Board of Directors of the Company has authorized Suryakant H. Parikh, Managing Director of the Company and/or Vishal M. Shah, Director of the Company to submit necessary application to the Bombay Stock Exchange, the designated stock exchange under the SEBI Circular dated 04 February 2013 as amended by Circular dated 21 May 2013.
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