Inventure Growth & Securities Ltd - 533506 - Outcome of Board Meeting
Pursuant to the requirements of "Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements), 2015" we hereby submit that the Board of Directors of the Company at their meeting held on 12th July 2019 have inter-alia transacted the following: To considered and approved the Subscription up to 24,90,000 Equity Shares of Rs.10/- each in lnventure Developers Private Limited (Wholly Owned Subsidiary Company). The details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are annexed herewith as 'Annexure-I' for above approved Investment. Considered and approved Investment by way of loan or subscription to capital up to Rs.25,00,00,000/-(Twenty Five Crores Only) in Wholly Owned Subsidiary Company i.e. Inventure Developers Private Limited (IDPL). The details as required under Regulation 30 shall be disclosed as and when the said investment is made.12-07-2019