ASIL

Amit Spinning Industries Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on August 11, 2015 has, interalia, approved the following:1. Due to market and financial constraints, the Company is not able to fully utilize and leverage its production capacity. The Rehabilitation Plan filed by the Company with BIFR is yet to be considered and approved. The management has no option but continue to keep the manufacturing unit situated at Kolhapur, Maharashtra, inoperative, as before, for the time being, due to financial constraints and non-availability

Amit Spinning Industries Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on May 27, 2015 has, interalia, approved 1. The appointment of M/s RCMC Share Registry Private Limited as Registrar and Transfer Agents in place of M/s Link Intime India Private Limited. 2. The Company has further informed the Exchange that (a) due to financial constraints the management has decided to shutdown the manufacturing unit of the Company situated at Kolhapur, Maharashtra on temporary basis; the management is trying its level best to find ways to resume ma

Amit Spinning Industries Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on November 12, 2014 has, interalia, approved appointment of Mr. Sunil Kumar Gupta as Internal Auditor of the Company in place of Mr. Sunil Kumar Jain.

Amit Spinning Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on February 11, 2012 has, interalia, approved the Resignation of Mr. Inder Mohan Aggrawala as Director of the Company.

Amit Spinning Industries Limited has informed the Exchange that the Meeting of the Board of Directors of the Company convened on June 21, 2006 has been extended to June 22, 2006 as the discussions on the agenda items could not be concluded.

Amit Spinning Industries Limited has informed the Exchange that at the Board Meeting held on March 25, 2006; following corporate action have been approved by Board of Directors :- 1) Shifting of Registered office to Kolhapur subject to shareholder approval. 2) Take a note of the Public announcement and letter of offer made by Spentex Industries to the Shareholder of the Company. 3) Approval of One Time Settlement with the existing lenders in terms of CDR. 4) Approval of UTI Bank Limited sanction of Term loan.

Amit Spinning Industries Limited has informed the Exchange that at the Board Meeting held on January 13, 2006, the BODs have discussed and approved interalia the following matters: (1) To issue and allot not more than 2 crore equity shares of Rs.5/- each on a preferential basis to a strategic investor as per the price determined in accordance with SEBI guidelines, subject to - (i) finalisation of share subscription agreement on the terms and conditions as may be mutually agreed between the company and strategic investor, (ii) approval of the members and shareholders of the company in General M