Corporate Announcement
Security Code : 512595    Company : MANBRO    
 
Corporate Action- Fixes Record Date For ConsolidationDownload PDF Download XBRL
  Exchange Received Time  13/09/2018 15:23:00         Exchange Disseminated Time   13/09/2018 15:23:04              Time Taken   00:00:04
Pursuant to Regulation 42 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we would like to inform that for the purpose of Consolidation of the Authorized, Issued, Subscribed and Paid up Equity Share Capital of the Company from Re. 1 (Rupee One only) each to Rs. 10 (Rupees Ten only), the Board has fixed Friday, October 12, 2018 as the Record date. Accordingly, the shareholders holding the shares as on record date shall be entitled to receive the consolidated shares in proportion of their shareholding on such date. However, any shareholder holding less than 10 Equity Shares of Re. 1/- each will not be entitled to receive any shares in the Company. Further, any fraction arising out of the said consolidation will be cash settled.

The shareholders' approval for the aforementioned capital reduction will be taken in the ensuing Annual General Meeting to be held on Thursday, September 27, 2018.
 

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