Corporate Announcement
Security Code : 513713    Company : WHITEORG    
 
Outcome of Board MeetingDownload PDF Download XBRL
  Exchange Received Time  27/07/2017 13:05:01         Exchange Disseminated Time   27/07/2017 13:05:07              Time Taken   00:00:06
Sub : The company is pleased to announce buying out of majority stake in Future Farms LLP, Rajkot, Gujarat and increasing its capacity in cultivation, Harvesting and farming of variety of organic products.

The board of directors of the company met on 27th July, 2017 and finalized acquisition of majority stake in Future Farms LLP, Rajkot, Gujarat.

Future Farms LLP (FFL) is a Rajkot based limited liability partnership firm. FFL is directly involved in agricultural activities since past many years. Based in the heart of Gujarat and having direct access to the organic lands in and across Rajkot, Future Farms has an edge in the Agri sector. The management strongly believes that investing in FFL will help White Organics to take a much awaited major leap in the organic agricultural field.

The Board has authorized Managing Director, Mr. Darshak Rupani to finalize and carry out required necessary statutory formalities as deem fit for the strategic investment in Future Farms, LLP
 

Disclaimer

Back To Announcements