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Outcome of board meeting of C J Gelatine Products

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Capital Market
Last Updated : Oct 08 2015 | 5:28 PM IST

Held on 08 October 2015

C J Gelatine Products announced that the Board of Directors of the Company at its meeting held on 08 October 2015, inter-alia, has approved the following decisions:

1. Considered and approved to Avail Loan Facility of Rs. 4.85 crore from Reliance Capital, and jointly authorised Jaspal Singh, Joint Managing Director and Harman Singh, Chief Financial Officer of the Company to give effect to the matter and do the needful in this regard;

2. Considered and approved to Create Mortgage and/or Charge on all or any of the Movable and/or Immovable Properties of the Company against Loan Facility of Rs. 4.85 crore from Reliance Capital ;

3. Adoption of new Listing Regulations.

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First Published: Oct 08 2015 | 4:43 PM IST

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