At meeting held on 14 August 2014
Jolly Plastic Industries announced that the Board of Directors of the Company at its meeting held on 14 August 2014, inter alia, has considered and approved the following:1. Approval of sub-division of each equity share of the Company having a Face Value of Rs. 10/- each into 10 Equity shares having Face Value of Rs. 1/- each, subject to the consent of the shareholders.
2. Approved consequent alteration in the Capital Clause as contained in the Memorandum of Association of the Company.
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