At meeting held on 13 June 2017
White Organic Agro announced that the Board of Directors the Company at its meeting held on 13 June 2017 have approved to form wholly owned subsidiary company under the name and style 'White Organic Agro F.Z.E' or any other name approved by the authorities in Ajman Free Zone or any other Free Zone/s operating in the United Arab Emirates. The Board of Directors has approved the investment in the said subsidiary upto AED 15 Million and the same may be spread in different tranches as and when required. The Board of Directors have further authorised Darshak M Rupani, Managing Director of the Company to take all the necessary steps to complete the acquisition.Powered by Capital Market - Live News
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