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Outcome of board meeting of Modern India

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Capital Market

Held on 04 November 2019

The Board of Directors of Modern India at its meeting held on 04 November 2019 has transacted the following -

Modern International (Asia) , a wholly owned subsidiary of the Company has incorporated a new company in Vietnam naming Modern International (Vietnam) Company with the investment of USD15000. In view of this, Modern International (Vietnam) Company being subsidiary of the Modern International(Asia) now becomes a step down subsidiary of the Modern India.

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First Published: Nov 04 2019 | 6:43 PM IST

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