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SJ Corporation to invest surplus funds up to Rs 6.00 crore

02 Nov 2012 Evaluate

SJ Corporation has received an approval to invest surplus funds of the company in Shares/Securities of other Body Corporate(s), to the tune of sum not exceeding Rs 6.00 crore in pursuant to permissible limits of the Companies Act, 1956. The board at its meeting held on November 1, 2012 has approved the same.

SJ Corporation, earlier known as, Corcomp Info systems, a software company, was incorporated on September 15, 1981.

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