Ellora Paper Mills Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 18, 2010, inter alia, to consider and approve the Sale of Rice Unit of the Company under Section 293(1)(a) of the Companies Act, 1956 subject to approval of Members of the Company through Post Ballot Process under Section 192A(2) of the Companies Act, 1956 read with the Companies (Passing of the Resolutions by Postal Ballot) Rules, 2001.
