Business Standard

Outcome of board meeting of PTL Enterprises

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Capital Market

Held on 25 July 2014

PTL Enterprises announced that the Board of Directors of the Company at its meeting held on 25 July 2014, inter alia, has approved the following:

1. Disinvestment of the entire shareholding in Artemis Medicare Services and Artemis Health Sciences for a consideration of approx. Rs. 181 crore subject to the approval of the shareholders.

2. Appointment of V. M. Anil Kumar as CFO in place of Jacob Koshy.

3. Appointment of Bala Krishnan G as Manager under the Companies Act, 2013 in place of C. Thomas Mathew.

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First Published: Jul 26 2014 | 10:55 AM IST

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