Monnet Ind outcome of board meeting

Monnet Ind informed BSE that the Board of Directors of the Company at its meeting held on Feb 07, 2013, have proposed to obtain the consent of the shareholders by way of postal ballot - increasing the powers under Section 293 (1) (a) with regard to mortgaging/charging the assets of the Company.

February 07, 2013 / 18:32 IST

first published: Feb 7, 2013 06:32 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347

Monnet Ind outcome of board meeting

Monnet Ind informed BSE that the Board of Directors of the Company at its meeting held on Feb 07, 2013, have proposed to obtain the consent of the shareholders by way of postal ballot - increasing the powers under Section 293 (1) (a) with regard to mortgaging/charging the assets of the Company.

MI32