Corporate Announcement
Security Code : 506767    Company : ALKYLAMINE    
 
Board approves Sub-division of Equity Shares 
  Exchange Disseminated Time     
Alkyl Amines Chemicals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 15, 2014, inter alia, has transacted the following :

1. Approved, subject to approval of the members, sub-division of face value of Equity Shares, by sub-dividing each equity share of Rs. 10/- into 2 (two) Equity Share of Rs. 5/- each.

2. Postal Ballot shall be conducted to obtain consent of the members for the sub-division of shares, appropriate alteration to the Memorandum & Articles of Association of the Company and increasing the borrowing powers of the Board of Directors.
 

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