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MODERN INDIA LTD.-$has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/08/2018 ,inter alias, to consider and approve we hereby inform you that a Meeting of the Board of Directors of the Company will be held on Friday, the 10th August, 2018, inter-alia, to consider and approve the Un-Audited Financial Results for the 1st Quarter ended 30th June, 2018.The Board of Directors are also likely to consider the Proposal to acquire the remaining stake of 49% ( i.e. 24500 Equity shares) in the subsidiary Company -Modern India Free Trade Warehousing Private limited, which in turn will make Modern India Free Trade Warehousing Private Limited -a wholly owned subsidiary of the Company.Moreover, the Board of Directors of the Company proposes to ascertain the feasibility of amalgamation / merger of Modern India Property Developers limited and Modern India Free Trade Warehousing Private Limited, a wholly owned Subsidiary and Subsidiary of the Company respectively, with Parent Company Modern India Limited.
Source : BSE - www.bseindia.com
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