Pincon Spirit Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 21, 2016, started at 3.00 pm and ended at 4.00 P.M, inter alia :-- The power of Board of Directors for making Overseas Investment Increased from USD 500000 to USD 4.9 Million, subject to the provisions of Companies Act, 2013, FEMA and guidelines issued by Reserve Bank of India or any other statutory regulatory bodies.