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S&P
BSE SENSEX
73,996.68
-342.76
-0.46 %
Corporate Announcement
Security Code
541974
Company
Manorama Industries Ltd
Exchange Received Time
19/03/2020 18:10:37
Exchange Disseminated Time
19/03/2020 18:10:44
Time Taken
00:00:07
Announcement under Regulation 30 (LODR)-Meeting Updates |
3/19/2020 6:10:38 PM
This is to inform you that pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 ('SEBI- LODR'), the Board of Directors of the Company at their meeting held on Wednesday March 18, 2020 has inter-alia considered and approved the following:
Investment of funds of the Company for acquiring shares of M/s. Manorama Africa Limited, a Company incorporated in Ghana, Africa for an amount not exceeding GHS 26,50,000/- (GHS Twenty-Six Lac Fifty Thousand only) equivalent to USD 5,00,000.
Once the above transaction is completed, the relevant intimation to this effect will be given to the Stock Exchange.
We request you to kindly take the same on record
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