Corporate Announcement
Security Code : 533632    Company : ONELIFECAP    
 
Outcome of Board Meeting 
  Exchange Disseminated Time     
Onelife Capital Advisors Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 30, 2013, has discussed the Monthly Progress Report and compliance with the SEBI order dated August 30, 2013.

The Board was informed that KPT Infotech Private Limited has issued three Post dated cheques amounting to Rs. 7.70 cr which was given by OCAL for Brand Building out of IPO proceeds.

Fincare Financial and Consultancy Services Private Limited and Precise Consulting & Engineering Private Limited was informed that discussions is going on in addition to legal notice for refund of advances paid to them.

Board is hopeful for amicable settlement with both the parties.
 

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