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TANTIA CONSTRUCTIONS LTD. - Outcome of Board Meeting
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16 Nov 2015
Tantia Constructions Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 14, 2015, inter alia, has approved the following:&lt;BR&gt;&lt;BR&gt;1. Striking off name of wholly owned subsidiary Tantia Batala-Beas Tollway Private Limited through Fast Track Exit (FTE) mode since the Company is non-operational since incorporation.&lt;BR&gt;&lt;BR&gt;2. Private placement of equity shares amounting to Rs. 21 Crores to promoters of the Company through postal ballot. The promoters of Company had given an unsecured loan of Rs. 21 Crores to Company as per the terms of CDR Scheme approved by CDR Cell.
View all announcements for TANTIA CONSTRUCTIONS LTD. Source: BSE India