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| Exchange Disseminated Time | Precision Wires India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 23, 2015, inter alia, have transacted the following business:
1. Sub Division of Equity Shares from the existing face value of Rs. 10/- per Equity Share to Rs. 5/- per Equity Share, subject to the approval of the Shareholders at the ensuing AGM, held as on a Record Date to be determined and alter the Capital Clause i.e. Clause V of the Memorandum of Association of the Company.
The Board approved the sub-division in order to increase the liquidity of its shares.
2. Adoption of New Set of Articles of Association of the Company. |
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