Ladderup Finance outcome of board meeting

Capital Market 

Held on 26 December 2018

The Board of Ladderup at the meeting held on 26 December 2018 approved the investment in Godland Resorts Private Limited by way of Allotment of 75,001 Fully Paid Up Equity Shares of face value of Rs.10/- each of Godland Resorts Private Limited for a total consideration of Rs. 2,73,00,364/- which represents 50.0006% of the total Equity Share Capital of the Target Company, and to become Co-Borrower and to provide Security by way of pledge of Shares of Godland Resorts Private Limited.

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First Published: Wed, December 26 2018. 13:40 IST