Don’t miss the latest developments in business and finance.

Outcome of Board meeting of Transchem

Image
Capital Market
Last Updated : Feb 20 2019 | 6:31 PM IST

Held on 20 February 2019

The Board of Transchem at its meeting held on 20 February 2019 has approved the following -

Alter the object clause of the Memorandum of Association to include business activities of food processing and/or providing of warehousing facilities to other business organizations.

To rent-out, lease out or to dispose off the assets of the Mushroom Plant for a consideration not less than Rs. 18 crore.

To give loan or to give guarantee or provide security in connection with a loan and to acquire securities of any other body corporate for an amount that shall not exceed a sum of Rs. 40 crore.

Powered by Capital Market - Live News

Also Read

First Published: Feb 20 2019 | 6:12 PM IST

Next Story