Manpasand Beverages Chairman and Managing Director Dhirendra Singh on Thursday contested outcome of the board meeting held on September 6, adding that the promoters do not intend to sell any stake in the company.
According to a filing to the NSE on September 6, the company's board decided to appoint an independent forensic auditor to scrutinise transactions between FY 2016-17 and FY 2018-19.
The board was also informed by a lender of the company, Finquest Financial Solution, that the promoter Dhirendra Singh has agreed to grant a call option to offload 22.16 per cent stake in the company.
However, in a BSE filing on Thursday, Dhirendra Singh said the above two items were not on the original agenda and he was "not aware about the adjourned meeting to be held at the same premises with two new agenda at 5.00 pm."
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