At meeting held on 18 August 2017
Nava Bharat Ventures announced that the Board of Directors of the Company at its meeting held on 18 August 2017 has inter alia, approved the following proposals:1) Formation of special purpose vehicle (SPV) as a wholly owned subsidiary of the Company in Singapore for pursuing emerging business opportunities, including Healthcare Enabled Services abroad, with an investment commitment upto US $ 11 million over a period of time.
2) Co-option of Ashwin Devineni as an Additional Director (Non-Executive and Non-Independent) on the Board of the Company with immediate effect.
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