Outcome of board meeting of Innovative Tech Pack

Held on 22 June 2017

The Board of Directors of Innovative Tech Pack at its meeting held on 22 June 2017 has disposed off its entire holding of 35,50,000 equity shares of Rs 10 each aggregating Rs 3.55 crore of its subsidiary, Innovative Containers Services due to precipitation in worldwide logistic industry and long gestation period.

The Board also decided to focus on its core business of PET packaging and maintain on present growth track.

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