Corporate Announcement
Security Code : 539730    Company : FREDUN    
 
Outcome of Board MeetingDownload PDF
  Exchange Disseminated Time     13/02/2017 16:33:43
Fredun Pharmaceuticals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 13, 2017, commenced at 1.10 p.m and concluded at 4.00 p.m. as under:

- Loan amount limit from NBFCs increased from 1 Crore 50 Lakhs to 2Crore 50Lakhs:

The limit of the Amount of Loan that can be obtained from NBFCs that was originally resolved and approved to be Rs. 1 Crore 50 Lakhs was to be increased to 2 Crore 50 Lakhs and the same was approved.

- The Loan amount from Fredun Healthcare increased from 60 Lakhs to 80 Lakhs:

The limit of amount of Loan to be taken from Fredun Healthcare Private Limited was to be increased from Rs. 60 Lakhs to Rs. 80 Lakhs and the same was approved.
 

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