Brief: Sat Industries to consider acquisition of further stake in units

Aeroflex Enterprises

20/11/2015 12:27

Nov 20 (Reuters) - Sat Industries Ltd  STIN.BO : 
 * To consider acquisition of further stake in subsidiaries viz. Genext Students 
   Limited, Italica Furniture Pvt. Ltd. 
 * Sat Industries Ltd.- board to consider allotment of warrants to promoters and 
   others 
 * Source text: 
Sat Industries Ltd has informed BSE that a meeting the Board of Directors of the Company will be held on November 28, 2015, inter alia, to consider the following: 
 
1. To consider and approve the Notice and other relevant papers for conducting Postal Ballot. 
 
2. To consider allotment of warrants to promoters and others. 
 
3. To acquire further stake in subsidiaries viz. Genext Students Limited, Italica Furniture Pvt. Ltd. and investment in other bodies corporate. 
 
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