Haryana Texprints (Overseas) Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 17, 2016, have taken the following decisions:
1. Taken on record the proposal of Promoters to voluntary delists the shares of the Company from the BSE Limited ('BSE'), the only stock exchange, where the shares of the company are presently listed.
2. Appointment of M/s. Sobhagya Capital Options Limited ('SCOL' or 'Merchant Banker') as Merchant Banker for carrying out due diligence as required in terms of provision of Regulation 8(1A)(ii) of Delisting Regulations.
After the receipt of due diligence report from merchant banker the board of directors of the Company will again meet to discuss the delisting proposal in detail.
The meeting commenced at 4.00 P.M. and concluded at 5.15 P.M.