Worldwide Leather Exports informs about outcome of board meeting

22 Mar 2016 Evaluate

Worldwide Leather Exports has informed that the Board in its meeting held on March 21, 2016 which commenced at 12:30 P.M and concluded at 1:30 P.M, took note of the ‘Investment in 300,000 Equity Shares at Rs 10 each at a premium of Rs. 8 per share offered in a Right Issue of Blackberry Property Advisory Private Limited, a wholly-owned subsidiary of the Company.’ The Audit Committee in its meeting held earlier in a day on the same place which commenced at 11:00 A.M and concluded at 11.45 A.M had considered and approved the same.

The above information is a part of company’s filings submitted to BSE.

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