Don’t miss the latest developments in business and finance.

Sayaji Industries amends Clause VI of MoA

Image
Capital Market
Last Updated : Dec 10 2018 | 10:32 AM IST
Sayaji Industries has amended Clause VI of Memorandum of Association of the Company is as under :

VI. The authorised capital of the Company is Rs.5,00,00,000/-(Rupees five Crores) divided into 1,00,00,000 (One Crores) shares of Rs.5/- each, with rights, privileges and conditions attached thereto as are provided by the Articles of Association of the Company for the time being with power to increase or reclassify or alter the capital of the Company and to divide/ consolidate the shares in the capital for the time being into several classes and face values and to attach thereto respectively such preferential, cumulative, convertible, guarantee, qualified or other special rights, privileges, conditions or restrictions as may be determined by or in accordance with the Articles of Association of the Company for the time being and to vary, modify, abrogate any such right, privilege, condition or restriction in such manner as may for the time being be permitted by the Articles of Association of the Company and the legislative provisions for the time being in force.

Powered by Capital Market - Live News

Also Read

First Published: Dec 10 2018 | 10:14 AM IST

Next Story