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The Board of Directors in their meeting held today, which was started at 11.00 a.m. and concluded at 2.45 p.m. has approved inter-alia Unaudited Financial Results (Standalone and Consolidated) along with the Limited Review Report for the quarter ended 31st December, 2018. Further, the Board of Directors deliberated the proposal of the Chairman that the Company is looking for the inorganic growth such as to invest in plant & machinery, acquisition of assets or company etc. to grow in the related segment. The Board has deliberated in detail the proposal placed by the Chairman and after due discussion authorised Chairman and Joint Managing Director of the Company, to take further steps in this behalf including participation in bids/deals wherever required in such opportunities to achieve the growth of the Company in related industry as envisaged, the maximum investment be to the extent of Rs. 30 crores. We request you to take the aforesaid on records.
Source : BSE - www.bseindia.com
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