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Board of Palred Technologies approves Rs 5 crore investment in subsidiary

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Capital Market

At meeting held on 30 May 2016

Palred Technologies announced that the Board of Directors of the Company at its meeting held on 30 May 2016, inter alia, has transacted the following:

- Investment of Rs. 5 crore in Palred Online Technologies (Subsidiary of Palred Technologies) @ 11.50/- per share increasing its ownership to 82% in Subsidiary Company.

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First Published: May 30 2016 | 2:07 PM IST

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