Worldwide Leather Exports has informed that the Board in its meeting held on March 21, 2016 which commenced at 12:30 P.M and concluded at 1:30 P.M, took note of the ‘Investment in 300,000 Equity Shares at Rs 10 each at a premium of Rs. 8 per share offered in a Right Issue of Blackberry Property Advisory Private Limited, a wholly-owned subsidiary of the Company.’ The Audit Committee in its meeting held earlier in a day on the same place which commenced at 11:00 A.M and concluded at 11.45 A.M had considered and approved the same.
The above information is a part of company’s filings submitted to BSE.
