
Business Update28 Dec 2023, 12:17 am
Kings Infra Ventures Limited Approves Expansion of Business Operations and Launch of New Brand
AI Summary
The Board of Directors of Kings Infra Ventures Limited has approved the constitution of a committee to delegate powers for the issue and allotment of equity shares on preferential basis to non-promoters. The Board also approved the business plan and launch date of the company's new brand, 'King Bento'. Additionally, the Board approved availing enhanced bank limits from Punjab National Bank to the extent of Rs 40.39 crores for the expanded business operations.,
Key Highlights
- Constitution of committee for preferential allotment of equity shares
- Approval of business plan and launch date of new brand 'King Bento'
- Availing enhanced bank limits from Punjab National Bank