Oriental Aromatics has informed that pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors of the Company at its meeting held today, 29th November, 2019 had considered and granted its approval to incorporate a Wholly Owned Subsidiary in Mumbai, Maharashtra, by making an initial investment of Rs 6 Crores. The Board Meeting commenced at 3.00 pm and concluded at 4:00 pm.
The above information is a part of company’s filings submitted to BSE.
