VJTF Eduservices will hold a meeting of the Board of Directors of the Company on 30 May 2018.

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The Board of VJTF Eduservices at its meeting held on 05 March 2018 has approved the following -

1) Increase the limits u/s 186(2) of Companies Act, 2013 for extending loans, providing guarantees or giving securities for loans taken by any person or body corporate up to Rs. 300 crore subject to the approval of Shareholders in the General Meeting.

2) Increase the borrowing limits of the Company upto Rs. 500 crore subject to the approval of Shareholders in the General Meeting

3) Draft of Notice and Explanatory Statement of the Postal Ballot to be dispatched to the Shareholders to seek approval for Increase the limit u/s 186(2) and increase in the aforesaid borrowing limits of the company by means of voting through postal ballot or electronic voting.

4) Appointment of Rajvirendra Singh Rajpurohit, Practicing Company Secretary as the scrutinizer for the purpose of Postal Ballot.

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VJTF Eduservices will hold a meeting of the Board of Directors of the Company on 5 March 2018, to approve the draft of the Notice and Explanatory Statement of the Postal Ballot seeking Shareholders Approval for giving corporate guarantee against the loan availed by Associates Companies/Subsidiaries by means of voting through postal ballot and/or electronic voting.

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Net profit of VJTF Eduservices rose 476.32% to Rs 2.19 crore in the quarter ended December 2017 as against Rs 0.38 crore during the previous quarter ended December 2016. Sales rose 12.14% to Rs 4.25 crore in the quarter ended December 2017 as against Rs 3.79 crore during the previous quarter ended December 2016.

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