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| Exchange Disseminated Time | Pondy Oxides & Chemicals Ltd has informed BSE that the Board of Directors of the Company in their meeting held on December 30, 2014 has fixed the Record Date as January 09, 2015 for the following purpose:
1. The Board of M/s. POCL Enterprises Limited will allot 1 (One) equity share of Rs. 10/- each of its Company for every 2 (two) equity shares of Rs. 10/- each held in Pondy Oxides and Chemicals Limited.
2. The Board of M/s. Pondy Oxides and Chemicals Limited will cancel 1 (one) equity share of Rs. 10/- each held in its Company for every 1 (one) equity share of Rs. 10/- each allotted by M/s. POCL Enterprises Limited and the paid up capital of M/s. Pondy Oxides will accordingly be reduced. |
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