At meeting held on 18 Januarly 2017
Tejnaksh Healthcare announced that the Board of Directors of the Company at its meeting held on 18 January 2017, inter alia, has transacted the following:1. Issue of Bonus Equity Shares:
In accordance of Section 63 of Companies Act, 2013, the Board of Directors has decided to issue Bonus Equity Shares to the existing Shareholders of the Company in the ratio of 1:1, subject to the approval of Members through Postal Ballot & E-voting.
2. Increase in the Authorised Share Capital:
In accordance of Section 61 of Companies Act, 2013, the Board of Directors has decided to increase in the Authorised Share Capital of the Company from Rs. 1.50 crore to Rs. 3.00 crore, subject to the approval of Members through Postal Ballot & E-voting.
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