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Exchange Disseminated Time | Winsome Yarns Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 12, 2011, inter alia, has approved the following:
1. Subject to the approval of shareholders of the Company and other regulatory authorities, as may be required, the authorised share capital of the Company be increased from Rs. 65.00 crores to Rs. 85.00 crores.
2. Subject to the approval of shareholders of the Company and other regulatory authorities, as may be required, the equity shares of the Company having face value of Re. 1/- each be consolidated into equity share of Rs. 10/- each i.e. every 10 equity shares of the Company having face value of Re. 1/ each be consolidated into one equity share of Rs. 10/- each. |
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