At meeting held on 08 June 2017
Jenson & Nicholson (India) announced that the Board of Directors of the Company at its meeting held on 08 June 2017 approved the following -Formation of a newly formed wholly owned subsidiary of the Company in the name and style of Jenson & Nicholson Colours.
Proposal to pledge Company's investment in equity shares of its wholly owned subsidiary company named Jenson & Nicholson Colours as security to existing lender of the Company i.e. Vivid Colors.
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