Euro Finmart to diversify its business into e-governance space

Euro Finmart has received an approval to diversify its business into e-governance related projects and services thereby considered the change in main objects of the company subject to the approval of shareholders by postal ballot. The board of directors at its meeting held on May 26, 2014 has approved for the same. The board also approved to increase the authorized share capital of the company from Rs 5 crore to Rs 10 crore subject to the approval of shareholders in AGM. Euro Finmart was incorporated for setting up gold Jewellery Manufacturing unit at Noida Export Processing Zone, Noida at Uttar Pradesh in phased manner.