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Board of ABM Knowledgeware approves sub-division of shares

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Capital Market
Last Updated : Jan 29 2016 | 11:48 AM IST

At meeting held on 28 January 2016

ABM Knowledgeware announced that the Board of Directors of the Company at its meeting held on 28 January 2016, inter alia, has considered following matters :

1. The Board has decided to seek an approval of the shareholders through postal ballot process for appointment of Dr. Sumit D. Chowdhury as Independent Director of the Company.

2. The Board has also decided to Sub-divide the Equity Shares of the Company, subject to necessary approval of the Shareholders of the Company. Accordingly, it is proposed to sub-divided each share of Rs.10 /- each into 2 (two) Equity Shares of Rs. 5/- each. The Board has decided to pass the required resolutions by postal ballot process.

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First Published: Jan 29 2016 | 9:23 AM IST

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