Gulshan Polyols Ltd has informed BSE that a class meeting of the Preference Shareholders of the Company is scheduled to be held on April 22, 2015 to consider and approve the variation in terms & conditions of 10,25,000, 8% Redeemable Preference Shares @ Rs. 100/- each, with the consent of the Preference Shareholders at a shorter notice, to pass a Special Resolution for the variation i.e. extension of redemption period by one year from the original due date of redemption of 10,25,000 Preference Shares.