Held on 29 July 2015
VHCL Industries announced that the Board of Directors of the Company at its meeting held on 29 July 2015 transacted the following -Approved the draft scheme of demerger of the plastic division, on a going concern basis to new listed entity.
Approved selling of non-core assets like windmill and other non-productive investments in order to focus on its core business.
Approved to hold the AGM on 21 September 2015 for seeking approval of members for the above transactions.
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