Corporate Announcement
Security Code : 512215    Company : STEPHANOTIS    
 
Outcome of Board MeetingDownload PDF
  Exchange Disseminated Time     16/01/2017 16:28:02
Vora Constructions Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 14, 2017, inter alia, has considered and approved the business as follows:

1. The Registered Office of the Company will be changed within the limit of Mumbai City from current address B-14,Gopuram, Somani Gram, Ram Mandir Road, Goregaon (West), Mumbai - 400104 to new address 604, Balarama Building, Bandra Kurla Complex, Bandra (East), Mumbai with effect from January 16, 2017.

2. Approved to raise funds for working Capital requirements for growth of existing business activities by issuing Equity Shares / Warrants / other instruments through Preferential Issue or any of the modes available to prospective investors.

3. Reviewed and considered the existing business activities and advancement of existing NBFC activities by evaluating possibilities of diversed financial products for lending to customers of real estate projects and exposure to match the progress of property development and to formulate strategies to implement the same subject to availability of funds.

4. Considered that The Company Secretary of the Company will be appointed after receipt of applications and selection of suitable candidate.
 

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