At meeting held on 22 May 2017
The Board of Directors of Olympic Cards at its meeting held on 22 May 2017 has transacted the following -The Board of Directors have not recommended dividend.
The Board has approved purchase of machinery valued around Rs 2 crore by availing loan facility from suitable lenders.
The Board has approved to avail loan facility of a sum of Rs 1.5 crore for purpose of its working capital requirements from HDFC Bank and a sum of Rs 75 lakh for purpose of business expansion from Neo Growth.
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