Kranti Industries Ltd - Outcome of Board Meeting

| Updated on March 20, 2019 Published on March 20, 2019

Subject: Outcome of the Board Meeting held on 20th March, 2019.

This is to inform that the Board of Directors of the Company has, at their Meeting held on Wednesday, the 20th day of March, 2019 (i.e. today) inter alia, considered the following items:

Appointment of RTA :

M/s. Sharex Dynamic (India) Pvt. Ltd was appointed as the Registrar and Share Transfer agent of the Company.

Review of Profit and loss account statement for the quarter ending 31st December,2018 :

The report on unaudited standalone Accounts for the period ending on 31st December, 2018 were presented before the Board for their review and the same have been taken on record by the Board after necessary discussion.

Authority to avail credit facility for purchase of land for the Company:
In order to purchase land for proposed business expansion of the Company, the Board of Directors has authorized Mr. Sachin Subhash Vora, Chairman-cum-Managing Director (DIN: 02002468) of the Company to approach, negotiate and avail credit facilities from any financial institution or Bank.

The meeting of Board of Directors commenced at 11.05 A.M. and was concluded at 01.45 P.M. by giving vote of thanks.

You are requested to please take the above on record and disseminate to all concerned.
Thanking you.

Pdf Link: Kranti Industries Ltd - Outcome of Board Meeting

Source : BSE - www.bseindia.com

Published on March 20, 2019
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