Board of BLB to consider restructuring of company and subsidiaries

On 27 December 2016

BLB announced that the Meeting of Board of Directors of the Company is scheduled to be held on 27 December 2016, inter alia, to discuss, consider and approve the following:

1. Withdrawal of the Scheme of Merger and Amalgamation of Manu Properties with the Company.

2. Withdrawal of Voluntary Delisting application from BSE.

3. The proposal to appoint Consultant for the purpose of Restructuring of the Company and its subsidiaries.

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