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Magnum Ventures to hold board meeting

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Capital Market
Last Updated : Mar 24 2014 | 11:55 PM IST

On 31 March 2014

Magnum Ventures will hold a meeting of the Board of Directors of the Company on 31 March 2014, inter-alia, to conduct following business:

To discuss and consider rework package by CDR - EG approved in its meeting held on 24 December 2013 and confirmed vide letter dated 31 January 2014.

To issue non-convertible debentures on private placement basis to lending bankers in compliance of reworked package by CDR -EG.

To consider and take note of pledge of promoters remaining shares with lending banker in compliance of reworked package by CDR -EG.

To consider and take note of unsecured loan brought in by promoters in compliance of reworked package by CDR -EG. 5. To consider and appoint Mr. Shiv PraveshChaturvedi as additional director on Board of the Company.

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First Published: Mar 24 2014 | 9:40 AM IST

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