Gujarat Toolroom Ltd has informed BSE that the members of the Company, by way of Postal Ballot, have passed the following resolutions, with requisite majority:
- Special Resolution under Regulation 12 of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 1997 for Change of Management.
- Special Resolution under Regulation 12 of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 1997 for Appointment of Vishal M. Shah as Director.
- Special Resolution under Regulation 12 of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 1997 for Appointment of Bhavin S. Parikh as Director.
- Special Resolution under Section 17 of the Companies Act, 1956 for Alternation of Main Object Clause of the Memorandum of Association of the Company.