REIL Electricals Ind - Outcome of Board Meeting (Voluntary Delisting of Equity Shares) 30/06/2014

REIL Electricals Ind - Outcome of Board Meeting (Voluntary Delisting of Equity Shares)
30/06/2014 08:45
REIL Electricals India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 28, 2014, has:

1. Approved the delisting proposal pursuant to and in accordance with section 8(1)(a) of SEBI (Delisting of Equity shares) Regulations, 2009.

2. Consented to seek the approval of the public shareholders of the Company for the Delisting Proposal by way of postal ballot in accordance with the provisions of section 110 of the Companies Act, 2013 read with Rule 22 of Companies (Management and Administration) Rules, 2014 and SEBI (Delisting of Equity shares) Regulations, 2009.