At meeting held on 01 April 2015
Sunstar Realty Development announced that the Board of Directors of the Company at its meeting held on 01 April 2015, has transacted the following:1. Sub-division in Face Value of Equity Shares of the Company having Face Value of Rs. 10/- each into Re. 1/- each fully paid-up subject to the Shareholders approval through Postal Ballot u/s 110 of Companies Act, 2013.
2. Alteration of Capital Clause of Memorandum of Association to give effect of split in face value of Equity Shares subject to the Shareholders approval through Postal Ballot u/s 110 of Companies Act, 2013.
3. Migration of Company from BSE SME platform to the Main board of BSE subject to the Shareholders approval through Postal Ballot u/s 110 of Companies Act, 2013.
4. Appointed Amit Jain, Practicing Company Secretary to act as a scrutinizer for Postal Ballot Process.
5. That Asamanja Deb, a Non-Executive Independent Director on the Board of the company within the provision of Companies Act 2013 has expired on 21 November 2014. Consequent upon his demise, he ceased to be a director on the Board with effect from 21 November 2014.
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