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Outcome of board meeting of Om Metals Infraprojects

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Capital Market
Last Updated : Jul 31 2014 | 11:58 PM IST

Held on 31 July 2014

Om Metals Infraprojects announced that the Board of Directors of the Company at its meeting held on 31 July 2014, has decided to seek the approval of members of the Company by way of special resolutions, to borrow money pursuant to Section 180(1)(c) of the Companies Act, 2013, to create charge/mortgage/hypothecation on the assets of the Company pursuant to Section 180(1)(a) of the Companies Act, 2013 and to give loan/guarantee, providing securities and making investment through Postal Ballot.

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First Published: Jul 31 2014 | 3:32 PM IST

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