This is to inform that the Board of Directors of the Company at its meeting held today has approved the merger of the wholly owned subsidiary i.e., Fort Gloster Electric Limited (hereinafter referred to as 'Transferor Company' or 'FGEL') into Jayshree Chemicals Limited (hereinafter referred to as 'Transferee Company' or 'JCL'). submission of order of scheme of amalgamation of the company u/s 233 of companies act, 2013, issued by the regional director eastern region. (As Per BSE Announcement Dated on 29.10.2018)