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Outcome of board meeting of Vivo Bio Tech

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Capital Market
Last Updated : Jan 12 2016 | 12:13 PM IST

Held on 11 January 2016

Vivo Bio Tech announced that the Board of Directors of the Company at its meeting held on 11 January 2016 has approved the following -

Approved the proposal to take on lease the building owned by Virinchi Technologies situated at Hakimpeth.

Approved the postal ballot notice to take approval of shareholders for -
a. Increase of Authorised Share Capital from Rs 15 crore to Rs 30 crore.
b. Take on lease the building owned by Virinchi Technologies situated at Hakimpeth.
c. Adoption of new set of Articles as per the Companies Act, 2013.

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First Published: Jan 12 2016 | 9:47 AM IST

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