In order to settle the ongoing litigations between Mr. B.B. Singal, Mr. Neeraj Singal and Mr. Sanjay Singal, a Settlement Deed has been executed late evening on 14-11-2011. Pursuant to this deed, Mr. B.B. Singal and Mr. Neeraj Singal will have exclusive control on the Company and Mr. Sanjay Singal & his associates will disassociate as Promoters.
