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| Exchange Disseminated Time | R.S. Software (India) Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company will be held on June 10, 2010, inter alia, to transact the following :
1. To increase the Authorised Equity Share Capital of the Company from Rs. 100,000,000 (Rupees Ten Crore) divided into 1,00,00,000 equity shares of Rs. 10/- (Rupees Ten) each to Rs. 200,000,000 (Rupees Twenty Crore) divided into 2,00,00,000 (Two Crore) equity shares of Rs. 10/- (Rupees Ten), each and consequently amendment in the Memorandum of Association of the Company.
2. To accord consent d to the Board of Directors of the Company for capitalization of such sum standing to the credit of the Capital Redemption Reserves Account of the Company, as may be considered necessary by the Board, for the purpose of issue of Bonus Shares of Rs. 10/- (Rupees Ten) each, credited as fully paid-up Equity Shares to the holders of the Equity Shares of the Company, whose names shall appear in the Register of Members or in the respective beneficiary account with their respective Depository Participants, on the 'Record Date' to be determined by the Board for the purpose, in the proportion of 28 (Twenty eight) Bonus Shares of Rs. 10/- (Rupees Ten) each for every 100 (One hundred) fully paid-up Equity Share of Rs. 10/- (Rupees Ten) each held by them and that the Bonus Shares so distributed shall, for all purposes, be treated as an increase in the nominal amount in the Capital of the Company held by each such member, and not as income, subject to necessary provisions and approvals. |
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