Brief: Palred Technologies approves investment of 50 million rupees in unit Palred Online Technologies
30/05/2016 09:18
May 30 (Reuters) - Palred Technologies Ltd PALR.NS : * Approved investment of 50 million rupees in unit Palred online technologies private limited * Source text: (Palred Technologies Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2016, inter alia, has transacted the following: - Investment of Rs. 5 Crores in Palred Online Technologies Private Limited (Subsidiary of Palred Technologies Limited) @ 11.50/- per share increasing its ownership to 82% in Subsidiary Company. The meeting commenced at 11.00 AM and concluded at 01.00 PM.) * Further company coverage PALR.NS ((Bengaluru Newsroom; +91 80 6749 1130))
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