Intra Infotech - Board Meeting on Mar 03, 2008
Intra Infotech Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 03, 2008, inter alia, to consider and approve the following:
1. Alteration of object clause of Memorandum of Association of the Company.
2. To consider the authorization to sell, lease, mortgage, sub-divide, transfer or otherwise dispose off whole or substantially the whole of the properties of the Company wheresoever situated present or future to or in favour of Company’s bankers, financial institutions or any other body corporate for various financial requirements of the Company upto a limit of not exceeding Rs 3000 Crores.
3. To consider the authorization to increase the borrowing limits of the Company upto Rs 3000 crores.
4. To consider the authorization to make investments etc. in excess of the limits laid down upto Rs 1000 Crores.
The above resolution will further be considered / approved by the shareholders of the Company through postal ballot.
Tags: Intra Infotech