Softsol India has received an approval for earmarking of an amount of Rs 15 crore of surplus funds of the company to invest in Venture Capital Funds and other Investment Funds with the responsibility of Bhaskara Rao Madala, Whole time Director to assess, conduct diligence on the prudence of every investment proposal in the best interests of the company based on profile and past performance of the funds subject to the applicable limits and conditions under the provisions of Companies Act, 2013, FEMA and SEBI LODR 2015. The Board of Directors of the company at their meeting held on April 09, 2019, approved the same.
Softsol India specializes in Enterprise Technology Modernization solutions.
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