Rejoinder (20-12-2018)

Sonali Aansh Industries has protested a news item published in the December 08, 2018 issue of The Financial Express' under the headline "Sonali Aansh jumps 49pc in a week".

In a rejoinder the company said the board of directors of the company at its meeting on December 03, 2018 did not take any decision to set-up Yarn/Twine Mills, as mentioned in the report.

Actually, the board has decided to add clause-1 and clause-40 of the Memorandum of Association as per Companies Act, 1994 as under to be changed which will be placed before the annual general meeting (AGM) scheduled for December 31, 2018 for approval of the shareholders of the company.

The inadvertent mistake is regretted.