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| Exchange Disseminated Time | | Mukta Arts Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 05, 2013 has decided to obtain approval from Shareholders by passing an Ordinary Resolution by means of Postal Ballot to form a Company as a subsidiary of Mukta Arts Ltd. under the name of Mukta VN Films Limited or any other suitable name that may be available with the Registrar of Companies, to be registered in the State of Maharashtra and to allow the said Company to conduct the business of exhibition and programming presently being conducted by the Company itself and forming substantial part of the Company Revenue, though not necessarily its Profitability and to enter into a Shareholders Agreement. |
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