Monday, April 28, 2008

Uniphos Enterprises To Make Investments Up To Rs 500 Crore

The members of Uniphos Enterprises have accorded their unanimous consent to the board to make investments up to an amount of Rs 500 crore in the equity shares capital of United Phosphorus, notwithstanding that such investments in addition to existing investments made, loans / guarantees and securities already given / provided by the company may exceed the limits prescribed.

This was accorded at the extraordinary general meeting held on 28 April 2008

No comments: