Held on 05 July 2014
Dr.Datsons Labs announced that the Board of Directors of the Company at its meeting held on 05 July 2014, inter alia, has approved the following:1. Approved and finalized the Notice of Postal Ballot under Section 110 of the Companies Act, 2013 for the following matter;
- To Increase Authorized Capital of the Company from Rs. 80,00,00,000/- (Rupees Eighty Crore Only) divided in to 8,00,00,000 (Eight Crores Only) equity shares of Rs. 10/- (Rupees Ten only) to Rs. 110,00,00,000/- (Rupees One Hundred Ten Crores Only) divided in to 11,00,00,000(Eleven Crores Only) equity shares of Rs.10/- (Rupees Ten only) and consequent alteration of Clause V of Memorandum of Association of the Company.
2. Authorize Dr. Kannan Vishwanath, Vice Chairman & Managing Director and Yogesh Patel, Company Secretary of the Company, to oversee the entire Postal Ballot Process.
3. Appointed Deep Shukla, Practicing Company Secretary as a Scrutinizer to conduct the Postal Ballot process [including e-voting] and to submit the Report to the Board of Directors for declaration of the results thereof.
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