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Board of Sphere Global Services approves foray into logistics services business

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Capital Market
Last Updated : Jun 18 2015 | 5:13 PM IST

At meeting held on 18 June 2015

Sphere Global Services announced that the Board of Directors of the Company at its meeting held on 18 June 2015, has considered and approved the following business:

1. To diversify into new line of business of Logistics Services.

2. To authorise S Sudha Kiran Reddy, Managing Director of tlie Company to make Acquisitions to expand its operations in Middle East and the Americas.

3. Appointment of Ramakrishna Bhaskar as Chief Financial Officer (CFO) of the Company keeping in terms with the Companies Act, 2013.

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First Published: Jun 18 2015 | 3:42 PM IST

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