Ansal Buildwell has informed that the Board of Directors in its meeting held on 15th February, 2021 has given its unanimous approval for the acquisition/ purchase/ investment in 50% Equity Share Capital of Rs 1,15,00,000 i.e. 11,50,000 Equity Shares (face value of Rs 10 each) of Joint Venture Company Ansal Crown Infrabuild by passing the Board Resolution in the above meeting of Board of Directors. The Copy of the resolution is attached.
The above information is a part of company’s filings submitted to BSE.