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Board of Indag Rubber approves sub-division of shares

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Capital Market

At meeting held on 10 January 2015

Indag Rubber announced that the Board of Directors of the Company at its meeting held on 10 January 2015, inter alia, have finalised and approved the sub-division of the equity shares of nominal value of Rs. 10/- (ten only) each into equity shares of nominal value of Re. 2/- (two only) each, fully paid up and consequently, the company is in the process of completing all requisite formalities/approvals including obtaining approval from the shareholders by means of Postal Ballot/E- Voting.

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First Published: Jan 12 2015 | 10:30 AM IST

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