Shree Rani Sati Investment & Finance Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 12, 2015, inter alia, has considered & taken on record the following:1. Considered and approved the Valuation Report dated February 11, 2015 prepared by M/s. M. L. Sharma & Company, Chartered Accountants, ('Independent Valuer').2. Fixation of Exit price as Rs. 1310 per Equity Share by Mr. Vijaykumar Mahabirpradas Jatia (Promoter/Acquirer) in consultation with Mark Corporate Advisors Private Limited (Merchant Banker for Delisting Offer) as per regulation 27(3) of SEBl (Delisting of Equity Shares) Regulation, 2009.3. Considered and approved Draft Notice for the Postal Ballot in the matter of Delisting of Equity Shares of the Company under SEBI (Delisting of Equity Shares) Regulation, 2009.4. Appointment of Smt. Jigyasa N. Ved, Partner of Parikh & Associates, Practicing Company Secretary as a Scrutinizer for Conducting Postal Ballot.5. Finalized the cut off date as February 12, 2015 for dispatch of Postal Ballot notice for Delisting.Source : BSE
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