20 Microns: A) Approved The Temporary Closure Of Manufacturing Activities At One Of The Foreign Subsidiaries Viz. 20 Microns Vietnam Company Limited Due To Present Pandemic Scenario But The Trading Activities By The Same Will Continue.
B) Approved The Proposal To Enter Into The Scheme Of Arrangement In The Nature Of Merger With One Of The Promoter Group Company Viz. Eriez Industries Private Limited With 20 Microns Limited

a) Approved the temporary closure of manufacturing activities at one of the foreign subsidiaries viz. 20 Microns Vietnam Company Limited due to present Pandemic scenario but the trading activities by the same will continue. The details as per SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September 2015 is attached as Annexure-A to this letter;

b) Approved the proposal to enter into the scheme of arrangement in the nature of merger with one of the Promoter Group Company viz. Eriez Industries Private Limited with 20 Microns Limited. It may be noted that the Board of Directors of the Company has In-principally approved the proposal of entering into scheme of arrangement in the nature of merger. Once the scheme of arrangement is finalized by the Board necessary disclosure containing the details as mentioned in SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September 2015 will be provided to the Stock Exchanges.