Outcome of board meeting of Hil
Held on 07 June 2018
The Board of Hil at its meeting held on 07 June 2018 approved the following -1. To make investments or to give loans or to give guarantee(ies) or to provide security(ies) to other companies or body corporates upto Rs. 1000 crore as per provisions of Section 186(3) of the Companies Act, 2013.
2. To borrow funds upto Rs. 1000 crore, from time to time for the business of the Company as per the Section 180(1)(c) of the Companies Act, 2013.
3. To create security on the properties/assets of the Company, both present and future, in favour of lenders as per Section 180(1)(a) of the Companies Act, 2013.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content