Outcome of board meeting of Rajputana Investment & Finance

Held on 20 November 2018

The Board of Rajputana Investment & Finance at its meeting held on 20 November 2018 transacted the following -

Approved starting an e-commerce website for the purpose of purchase and sale of vehicles and consumer durables subject to necessary statutory approvals from competent authorities, as the case may be.

Approved purchase and sale of Non-Convertible Debentures (NCD) and other securities to retail investors subject to necessary statutory approvals from competent authorities, as the case may be.

Approved for the company to act as sourcing agent for business loan to be provided by any NBFC, subject to necessary statutory approvals from competent authorities.

The Board decided to postpone the business item relating to change of registered office address of the Company to any of the ensuing Board meeting.

The Board decided to make suitable changes in the object clause of Memorandum and Articles of Association of the Company to accommodate the matter discussed in point 1 above, subject to provisions of the Companies Act 2013.

The Board decided to apply for change of name of the Company from "Rajptitana Investment & Finance Ltd" to "BRO Ventures Limited" or such other name as may be approved by the competent authority and subject to provisions of the Companies Act 2013.

The Board decided to open a Current Account with Axis Bank, Kunnamkulam Branch.

The Board decided to open a demat account with Sharewealth Securities Limited, Thrissur for dematerialization of securities.

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