Board of Olympic Cards does not recommend dividend
At meeting held on 22 May 2017
The Board of Directors of Olympic Cards at its meeting held on 22 May 2017 has transacted the following -The Board of Directors have not recommended dividend.
The Board has approved purchase of machinery valued around Rs 2 crore by availing loan facility from suitable lenders.
The Board has approved to avail loan facility of a sum of Rs 1.5 crore for purpose of its working capital requirements from HDFC Bank and a sum of Rs 75 lakh for purpose of business expansion from Neo Growth.
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