SOURCE NATURAL FOODS & HERBAL SUPPL LTD. - Board Meeting Outcome for Outcome Of The Board Meeting Held On 26.06.2024
26 Jun 2024
1. The Board noted the minutes of the previous Board meeting.
2. The Board discussed, reviewed and approved, subject to shareholders and other approvals as may be required, the proposal, in addition to present line of business, to diversify the business of the company into green and clean energy segment not limiting to Solar, Green Hydrogen, Wind, Bioenergy, Hydro-power and others.
3. The Board noted the letter of intent received for merger from a Company, which has been in operation in green energy sector and authorised the management to take necessary steps including appointing the valuers, professionals, consultants, etc to study, evaluate, undertake due diligence and pursue the proposal in detail and put-forward Company's proposal before the Board of Directors in the subsequent meeting for its consideration.
Source:
BSE India