AI Champdany - Outcome of Board Meeting
AI Champdany Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 30, 2009, inter alia, has approved for transfer of one of the Unit of the Company i.e. Rampur Texpro Unit to the Wholly Owned Subsidiary of theCompany i.e. Champdany Constructions Ltd subject to approval of the Shareholders under section 293(1)(a) of the Companies Act, 1956 and other approvals as may be required.31-01-2009