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Outcome of board meeting of VKJ Infradevelopers

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Capital Market
Last Updated : Jul 14 2017 | 1:28 PM IST

Held on 14 July 2017

The Board of Directors of VKJ Infradevelopers at its meeting held on 14 July 2017 transacted the following -

Approved to raise funds through preferential issue of equity shares.

Approves acquisition of 100% stake in the Company to make it wholly owned subsidiary, having a land spread in 6 acres area covered under land poling policy notified by the Ministry of Urban Development and to start construction involving cost around Rs 120 crore.

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First Published: Jul 14 2017 | 1:11 PM IST

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