un-audited Standalone and Consolidated Financial Results for the First Quarter ended 30th June 2019 and the Limited Review Report for the same.
Audited Re-casted Financial Results (Standalone and Consolidated) for the 04th quarter and year ended 31st March 2019 along with Auditors Report (Standalone and Consolidated) and Statement of Impact pursuant to order of Amalgamation passed on 11.07.2019 by Honble NCLT MUM. BENCH in the matter of Scheme of Amalgamation
Modern International (Asia) limited (MIAL) is a wholly owned foreign subsidiary of the Company and in view of the growth in business and potential market in Vietnam the Management of MIAL is considering and exploring the possibility of setting up a subsidiary in Vietnam. The proposed company to be set up in Vietnam would be a wholly owned subsidiary of MIAL thereby becoming a step down subsidiary of Modern India Limited
The meeting of Board of Directors commenced at 03.30 p.m. and concluded at 5.15 p.m.
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