TCM LTD. - Board Meeting Outcome for Outcome Of Board Meeting Held On Saturday, 09Th December 2023
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| 09 Dec 2023 | |
| The Board of Directors of the Company in its meeting held on Saturday, 09th December 2023,on a shorter notice, has considered and approved the following business:- 1. Authorized the Managing Director, Mr. Joseph Varghese to sign an MOU on behalf of the Company, with Asset Homes TCM Townships Pvt Ltd for development of Company's land situated at Kalamassery, Ernakulam and accept Loan of Rs. 25 Crore under Compliance of Section 179, Section 180(1)(a) and Section 180(1)(c) of Companies Act, 2013 read with Rules made thereunder read with applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 as amended from time to time and as applicable to the Company and create a Mortgage (until the Kalamassery land is made Charge free), in favor of M/s Asset Homes TCM Townships Private Limited, on Mettur, Tamil Nadu property (12.63 Acres of land) of the Company, as a security for release of all charges on Kalamassery land (JDA property). | |
| View all announcements for TCM LTD. | Source: BSE India |
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