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Outcome of board meeting of California Software Company

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Capital Market
Last Updated : Oct 08 2014 | 10:01 AM IST

Held on 07 October 2014

California Software Company announced that the Board of Directors of the Company at its meeting held on 07 October 2014, has approved the following:

1. Postal Ballot to seek the approval of the Members for the following:

i. Sale of Land and Building situated at #149, Tambaram Velachery Main Road, Pallikaranai, Chennai - 600 100.

ii. Sale and closure of business unit identified as the Dubai branch, of the Company situated at Dubai airport free zone, Dubai, UAE.

iii. Re-appointment of Bhavesh Rameshlal Chauhan as Managing Director for 2 years with effect from 14 August 2014.

2. Appointment of V. S. Sowrirajan, Practising Company Secretary as Scrutinizer for conducting postal ballot.

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First Published: Oct 08 2014 | 9:24 AM IST

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