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Ladderup Finance informs about outcome of board meeting

26 Dec 2018 Evaluate

Ladderup Finance has informed that Board of Directors of the company at their meeting held on Wednesday, 26th December 2018, has considered and approved the investment in Godland Resorts by way of allotment of 75,001 Fully Paid up Equity Shares of face value Rs 10 each of Godland Resorts (Target Company) for a total consideration of Rs 2,73,00,364 which represents 50.0006% of the total Equity Share Capital of the Target Company, accordingly Target Company would become Subsidiary of the company; and to become Co-Borrower and to provide Security by way of pledge of Shares of Godland Resorts. The meeting of the Board of Directors of the company was commenced at 11:00 am and concluded at 12:45 pm.

The above information is a part of company’s filings submitted to BSE.

Ladderup Finance Share Price

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