30 Apr 2010 12:35
The Board of Directors of the Company at its Meeting held on 30th April, 2010 has, subject to requisite approvals being obtained by the Company, approved the sub-division (stock-split) of each of the Ordinary (Equity) share of the face value of Rs. 10 each in the Equity Share Capital of the Company fully paid-up into 10 Ordinary (Equity) Shares of the face value of Re. 1 each fully paid-up and consequential amendments to the Capital Clauses in the Memorandum and Articles of Association of the Company. The Company proposes to seek consent of the Shareholders for the aforesaid by a Postal Ballot in accordance with Section 192A of the Companies Act, 1956 read with the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001.