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| Exchange Disseminated Time | Shree Hanuman Sugar & Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 17, 2014,
1. considered issue of equity shares on preferential basis, but could not take a decision on that. The matter was proposed to be further considered subsequently, to raise funds; and
2. pursuant to provisions of the Companies Act, 2013 and subject to approval of the members of the Company, decided to sub-divide the Equity Shares of the Company of the face value of Rs. 10/- (Rupees Ten only) each into Five Equity Shares of face value of Rs. 2/- (Rupees Two only) each. |
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