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Board of Poly Medicure approves sub-division of shares

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Capital Market
Last Updated : Nov 06 2014 | 9:14 PM IST

At meeting held on 05 November 2014

Poly Medicure announced that the Board of Directors of the Company at its meeting held on 05 November 2014, had decided / approved the followings:

1. Allotment of 15,300 Equity Shares of Rs. 10/- each, upon exercise of option by the optionees under amended Employees Stock Option Scheme, 2011.

2. The Board of Directors of the Company have approved the sub-division of shares having a face value of Rs. 10/- each into two equity shares having a face value Rs. 5 each. The Sub division of equity shares of equity shares is subject to the approval of shareholders and applicable statutory and regulatory approvals. The record date for split will be announced subsequent to obtaining the above approvals.

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First Published: Nov 06 2014 | 7:18 PM IST

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