Summary of Key Information:
Reporting Period (Quarter/Year): Not Applicable
Nature of Filing / Announcement: Outcome of Board Meeting
Key Financial Highlights:
Not Specified
Corporate Actions:
- Approved increase in Authorised Share Capital from ₹27,00,00,000 (27 Crore) to ₹29,00,00,000 (29 Crore)
- Current structure: 13,50,00,000 Equity Shares of ₹2 each
- New structure: 14,50,00,000 Equity Shares of ₹2 each
- Change subject to approval of members through postal ballot
- Draft Postal Ballot Notice approved for seeking member approval for increase in Authorised Share Capital and consequential alteration of Memorandum of Association
- Company Secretary authorized to make modifications to the Notice and undertake necessary actions
- Proposal relating to Issue and Allotment of 61,23,000 equity shares of ₹2 each was deferred
Other Significant Information:
Board meeting commenced at 07:30 P.M. and concluded at 08:20 P.M.