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Board of Stellant Securities (India) decides to reduce equity share capital

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Capital Market
Last Updated : Oct 16 2014 | 5:46 PM IST

At meetingheld on 16 October 2014

Stellant Securities (India) announced that the Board of Directors of the Company at its meeting held on 16 October 2014, inter alia, has decided to reduce it fully paid up equity shares capital from Rs. 37,024,010/- (Three crore Seventy Lakh Twenty Four thousand and ten only) divided into 3,702,401 (Thirty Seven Lakh Two thousand Four Hundred and One only) Equity share of Rs. 10/- (Ten only) each to Rs. 74,04,802/- divided into 7,40,480 equity shares of Rs. 10/- each, whereby reducing 4/5th of share capital out of total paid up capital of the Company, subject to such approvals and permissions from the shareholders, statutory authorities and from the Bombay High Court.

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First Published: Oct 16 2014 | 4:59 PM IST

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