Anant Raj Limited - Outcome of Board Meeting
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| 26 Sep 2014 | |
| Anant Raj Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 26, 2014, inter alia, has:<br/><br/>1. Approved the sale of 100% equity stake in its wholly owned subsidiary M/s. Greatway Estates Limited for a consideration of Rs. 304.12 Crores (Rupees Three Hundred Four Crores and Twelve Lacs only). The consideration received shall be utilised partly for repayment of debt and partly for development of the projects of the Company.<br/><br/>2. Further, the Board at the above meeting has also approved and adopted the following new/revised policies:-<br/><br/>a. Related Party Transaction Policy<br/>b. Determination of Material Subsidiaries<br/>c. Code of Conduct for Board and Senior Management<br/>d. Performance Evaluation of Board and Directors Policy<br/>e. Risk Management Policy | |
| View all announcements for Anant Raj Limited | Source: BSE India |
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