Vivanta Industries Ltd - 541735 - Board Meeting Outcome for Outcome Of The Board Meeting Dated 29Th November, 2023
With reference to Pre-Intimation dated 23rd December, 2023& Intimation regarding proposed acquisition dated 22nd June, 2023 and pursuant to Regulations 30 of the Securities and Exchange Board of India (LODR) Regulations, 2015 (''Listing Regulations''), we wish to inform you that the Board of Directors of the Company at its meeting held today i.e. Friday, December 29, 2023 at Registered Office of the Company has inter alia considered and approved the followings: 1. The appointment of Mr. Anil Agarwal, (Hereinafter referred to as 'The Valuer') a Registered Valuer under securities and financial assets to carry out a valuation and to decide the share swap ratio. Furthermore, the Board will meet again in the future to decide the share swap ratio to be based on valuation report which will be given by 'The Valuer'. The Company will invest in Trinity Ganesh Private Limited & create more product base in commodities, animal feed & value added veterinary product.29-12-2023