Corporate Announcement
Security Code : 532363    Company : CTIL    
 
Outcome of Board Meeting 
  Exchange Disseminated Time     
CTIL Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 19, 2013, has considered and approved the following :

1. The formation of a 100% subsidiary Company for foraying into e-commerce % Consumer Internet Services activities.

2. The resignation of Mr. Manish Bansal as director of the Company.

3. With the permission of the Chairman, the Board of Directors discussed and decided to appoint Mr. William Subba Hong Kong national, as the director of the Company.
 

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