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Board of Urja Global approves sub-division of shares

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Capital Market
Last Updated : Jul 15 2015 | 5:01 PM IST

At meeting held on 13 July 2015

Urja Global announced that the Board of Directors of the Company at its meeting held on 13 July 2015, inter alia, has considered and approved the following business(es):

1. Re-appointment of M/s. PVR-N & Co as Statutory Auditors of the Company for the Financial Year 2015-2016;

2. Appointment of Internal Auditor of the Company in Compliance with the provision of Section 138 of the Companies Act, 2013;

3. The sub-division of 1 (One) fully paid-up equity share of the company having a face value of Rs. 10/- each into 10 equity shares of face value of Rs. 1 each fully paid-up subject to the members approval.

4. Alteration in Capital Clause of the Memorandum of Association of the Company subject to the Members Approval.

5. Appointment of Sanjay Chugh, Practising Company Secretary as a scrutinizer for conducting E-Voting.

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6. Convening of 23rd Annual General Meeting of the Company Scheduled to be held on 25 August 2015.

7. Authority to sell/lease or otherwise dispose of the whole or substantially the whole of the undertaking pursuant to 180(1) (a) of the Companies Act, 2013 subject to the members approval.

8. Authorities to Directors to grant inter-corporate loan, investment, guarantee and security pursuant to Section 186 of the Companies Act, 2013 subject to the members approval.

9. Noted the accreditation by Ministry of New and Renewable Energy as Channel Partners for Grid connected Rooftop & Small Solar Power Plant Programme.

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First Published: Jul 15 2015 | 4:37 PM IST

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