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CHROMATIC - Chromatic India News Story

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Last Trade - 19/04/21

Sector
Basic Materials
Size
Micro Cap
Market Cap £372k
Enterprise Value £509k
Revenue £246k
Position in Universe 2955th / 3108

BRIEF-Chromatic India to consider sale of undertaking of co

Tue 21st June, 2016 12:16pm
June 21 (Reuters) - Chromatic India Ltd  CHRO.NS : 
 * To consider sale of whole or substantially whole of undertaking of co; to 
   invest funds of the company and to enter into jv agreement 
 
 * Source text: Chromatic India Ltd has informed BSE that a Meeting of the Board of Directors of the Company will be held on June 29, 2016, inter alia, to consider and approve the following matters: 
 
1. To convene 29th Annual General Meeting of the Company. 
 
2. To pass the following items by way of Postal Ballot: 
 
a) Sale of the whole or substantially the whole of an undertaking of the company u/s 180 of the Companies Act 2013 
 
b) To invest the funds of the Company, give loans, provide guarantees and securities beyond the prescribed limits and to enter into Joint Venture Agreement. 
 
 * Further company coverage  CHRO.NS   
 ((Bengaluru Newsroom; +91 80 6749 1130))
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