Ravi Kumar Distilleries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 12, 2011, inter alia, has transacted the following:
1. The Board of Directors of the Company has decided that the Company will initiate the steps and to gear up to increase the capacity and to utilization of IPO proceeds as per the Objects of the issue mentioned in the Prospectus.
2. The Board of Directors of the Company has reviewed the routine operational activities of the Company and decided to designate the teams far penetrate the operations in to the neighboring states Kerala, Karnataka and Andhra Pradesh.
3. The Board of Directors of the Company has approved for the shifting of the Registered office from 1-C, Nandita Apartments, 47, Thirumalai Pillai Road, T. Nagar, Chennai - 600017 to 3rd Floor, 'B' Wing, B-Block,
114&115, Sri. Theagaraya Road, T. Nagar Chennai - 600017 for the better operations purpose with effect from January 12, 2011.
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Wednesday, January 12, 2011
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