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21 Oct 2014 | |
Helios and Matheson Information Technology Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 20, 2014, has transacted the following :<br/><br/>1. The board deliberated on raising long term funds in the market like QIP and preferential placement and appointment of merchant bankers. The board has authorized the Managing Director to take necessary steps in this regard.<br/><br/>2. The board had a detailed review of the company's fixed deposit program in the context of the Companies Act 2013 and it was decided to go for rating of fixed deposits program for which shareholder approval has been obtained.<br/><br/>3. The board took on record the approval of the ROC extending the financial year of the company to March 31, 2015. | |
View all announcements for HELIOS and MATHESON INFORMATION TECHNOLOGY LTD. | Source: BSE India |