|
| Exchange Received Time 10/08/2017 16:35:41 Exchange Disseminated Time 10/08/2017 16:35:43 Time Taken 00:00:02 | Un-audited Financial Results for the quarter ended on 30/06/2017 and Issue of Bonus Shares.
It is to inform that the Board of Directors of the Company, in their meeting held today, has approved/ recommended:
(i) Un-audited Financial results of the Company for the quarter ended on 30th June, 2017.
(ii) Issue of Bonus shares in the ratio of (1:1) one equity share for each share held, subject to the approval of the shareholders.
(iii) Increase in Authorized share capital from Rs. 250 crores to Rs. 300 crores, divided into equity shares of Rs. 10 each and Change in the Memorandum of Association of the Company, subject to the approval of the shareholders.
With regard to proposals related to issue of Bonus Shares and increase in authorised share capital, it is further to inform that these were not part of the agenda of the Board meeting held today and were decided by the Board at the meeting.
Meeting Started: 11.00 am Meeting Concluded: 4:30 pm
|
|
|