Held on 05 February 2015
JHS Svendgaard Laboratories announced that the Board of Directors of the Company at its meeting held on 05 February 2015 decided that the Company to acquire the entire Shares of the JHS Svendgaurd Dental Care, so the said Company becomes the wholly owned subsidiary of the Company.The Board took the note of disclosure of Director's interest received from Kalayani Polavaram under section 184 (1) of the Companies Act, 2013 of Rule 9 (1) of the Companies Meeting of Board and its Powers) Rule 2014.
Following are the items considered but did not approve, as the Board of Directors asked the management for some further clarification on the same:
1. To re-look the ongoing process of preferential issue.
2. Sale or dispose off one of its undertaking /property of the Company.
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