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Board of Amines & Plasticizers approves stock split

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Capital Market

At meeting held on 29 December 2014

Amines & Plasticizers announced that the Board of Directors of the Company at its Meeting held on 29 December 2014, inter alia, approved the following:

1. The Stock Split proposal of the Company's Equity shares from the existing face value of Rs. 10/- each to Rs. 2/- each subject to the approval of Company's Equity shareholders proposed to be obtained through Postal Ballot and E voting.

2. Issue of Secured, Redeemable, Non Convertible, Debentures upto the tune of Rs. 15 crore on private placement basis.

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First Published: Dec 29 2014 | 6:54 PM IST

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