At meeting held on 10 November 2014
Jain Irrigation Systems announced that the Board of Directors of the Company at its meeting held on 10 November 2014, inter alia, has approved incorporation of Wholly Owned Subsidiary to house its existing global food processing business. The Management was further authorised to take necessary steps to complete all legal and regulatory processes. The Board has further authorised the management to explore value creation opportunities based upon minority dilution in the same.Powered by Capital Market - Live News