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Board of Surya Marketing approves sub-division of equity shares

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Capital Market
Last Updated : Sep 18 2014 | 10:00 AM IST

At meeting held on 17 September 2014

Surya Marketing announced that the Board of Directors of the Company at its meeting held on 17 September 2014, have considered the following resolutions :

1. Adoption of New Set of articles of Association in accordance with the provisions of Companies Act, 2013;

2. Approved Split/Sub-division of each Equity Shares of the Company having a face value of Rs. 10/- (Rs. Ten) each into 10 ( Ten ) equity shares having a face value of Re.1 (Rupee One) each, subject to the consent of the shareholders and other relevant authorities;

3. Alteration in Capital Clause (Clause V) of Memorandum of Association to give effect of split in face value of Equity Shares;

4. Convene Extra Ordinary General Meeting (EGM) of the Members of the Company on 16 October 2014, at 09.30 a.m. at Retreat Motel/ Resort, Alipur, Main G.T. Road, Near Palla Moad, Delhi-110036 to seek their approval for above businesses.

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First Published: Sep 18 2014 | 9:29 AM IST

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