Held on 26 December 2017
The Board of Directors of Ortel Communications at its meeting held on 26 December 2017 approved to incorporate a wholly owned subsidiary with name of 'Ortel Broadband'. The Company intends to transfer its Broadband business to this entity at a future date subject to final approval of the Board of Directors and after receiving other requisite approvals. The Board has also formed an internal committee to examine this matter in detail and recommend to the Board for approval.Powered by Capital Market - Live News
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