RSWM Ltd

Intimation regarding approval granted by the board of directors of the RSWM Limited (RSWM or Company) in relation to the signing of a binding term sheet with Ginni Filaments Limited for proposed acquisition of its Spinning Knitting and Processing Undertaking situated at 110 KM Stone Delhi-Mathura Road Chhata Kosi Distt. Mathura (UP) - 281401 as a going concern on a slump sale basis.