Held on 03 June 2021
The Board of Southern Online Bio Technologies at its meeting held on 03 June 2021 approved to avail the unsecured loan up to Rs. 25 crore in several tranches from Dr Devaiah Pagidipati, Promoter cum Managing Director of the Company, including the loan(s) already availed from him, on such terms and conditions including an option to convert the said loan amount with interest in to equity shares and to obtain the prior approval of members of the Company before availing the said unsecured loan as required under the provision of Section 62(3) of the Companies Act, 2013.Powered by Capital Market - Live News
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