Manvijay Development Company has informed about outcome of Board Meeting held on 08th March, 2017. The board has decided to undertake activities of specialized NBFCs as Core Investment Companies (CICs) by discontinuing the activities of Realty Estate business, to make Investment up to Rs 4,50,50,000 (approximately) in the Preses Constructions Solutions, and appointment of Ferrao MSR & Associates as Secretarial Auditor of the Company for the Secretarial Audit for Financial Year 2016-2017.
The above information is a part of company’s filings submitted to BSE.