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Board of Layla Textile and Traders approves sub-division of shares

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Capital Market
Last Updated : Mar 30 2017 | 12:03 AM IST

At meeting held on 29 March 2017

The Board of Directors of Layla Textile and Traders at its meeting held on 29 March 2017, has approved:

1. Sub- division of equity shares every shareholders holding 1 (One) equity share of Rs.10/- each will be allotted 10 (Ten) equity share of Re.1/- each (Subject to shareholders approval).

2. Appointment of Mukesh Bajpai and Simranpreet Bajpai as an Additional Independent Director of the Company w.e.f. 29 March 2017 to hold office upto the date of the next General Meeting of the Company.

3. To re-designated Ashish Rajeshbhai Patel as Executive Director of the Company subject to shareholders approval.

4. To form a Committee of Board of Director for approval of Notice to be issued to be issued to the Shareholders of the Company for the above mentioned purpose.

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First Published: Mar 29 2017 | 6:01 PM IST

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