28th-Jul-2012 13:46Source: BSE

Longview Tea - Outcome of Board Meeting

Longview Tea Company Ltd has now informed BSE that the Board of Directors of the Company at its meeting held on May 29, 2012, has decided to submit special resolutions for seeking approval of the members under section under section 17, 149(2A) and 372A of the Companies Act, 1956 for alteration in the object clause of the Memorandum of Association of the Company, Commencement of the new business and inter corporate loans and investment through the process of the Postal Ballot under section 192A of the Companies Act, 1956 read with the Companies (Passing of resolution by Postal Ballot) Rules, 2011.