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:

1. Special Resolution under Regulation 12 of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 1997 for Change of Management.

2. Special Resolution under Regulation 12 of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 1997 for Appointment of Vishal M. Shah as Director.

3. Special Resolution under Regulation 12 of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 1997 for Appointment of Bhavin S. Parikh as Director.

4. Special Resolution under Section 17 of the Companies Act, 1956 for Alternation of Main Object Clause of the Memorandum of Association of the Company.

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