Vijay Shanthi Builders has received an approval to make the investments not exceeding Rs 800 lakh in a Subsidiary Company VAHI set up in Canada. The said subsidiary shall engage in development of townships, construction of residential/commercial premises in Canada. The amount to be invested shall be invested in various tranches from time to time and shall be upto an overall limit of Rs 800 lakh. The Board of Directors of the company at its meeting held on September 14, 2017 has approved the same.
Vijay Shanthi Builders is engaged in property development mainly of promotion of residential spaces in and around Chennai.
