Don’t miss the latest developments in business and finance.

Board of Lumax Auto Technologies approves sub-division of shares

Image
Capital Market
Last Updated : Mar 23 2018 | 7:04 PM IST

At meeting held on 23 March 2018

Lumax Auto Technologies announced that the Board of Directors of the company at its meeting held on 23 March 2018 has approved the following -

1. Sub - division (Split) of Equity Shares of the Company from Rs. 10/- per share to Rs. 2/- per share subject to approval of members of the Company.

2. Alteration of 'Clause - V' i.e. Capital Clause of the Memorandum of Association of the Company subject to approval of the members of the Company.

3. Alteration of 'Article 4 (a)' i.e. Share Capital in Articles of Association of the Company subject to approval of the members of the Company.

4. Decided to seek the approval of members; through Postal Ballot Process for the above said matters and appointment of Scrutinizer for the same.

Powered by Capital Market - Live News

Also Read

First Published: Mar 23 2018 | 6:47 PM IST

Next Story