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Board of Jyoti Resins and Adhesives approves sub-division of shares

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Capital Market
Last Updated : Aug 30 2016 | 12:03 AM IST

At meeting held on 29 August 2016

Jyoti Resins and Adhesives announced that the Board of Directors of the Company has at its meeting held on 29 August 2016 have considered and recommended following.

- Sub-division in face value of equity share of the Company of Rs. 10/- each into 10 Equity Shares of Rs. 1/- each and consequent amendment in the Capital Clause of the Memorandum of Association of the Company.

However, above recommendation shall be subject to approval of shareholders at the ensuing Annual General Meeting of the Company.

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First Published: Aug 29 2016 | 3:10 PM IST

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