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Board of Lambodhara Textile approves sub-division of shares

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At meeting held on 20 July 2015

Lambodhara Textile announced that subject to the approval of the shareholders at the ensuing Annual General Meeting, the Board of Directors of the Company at their meeting held on 20 July 2015, have decided the sub-division of the nominal value of equity shares of the Company from face value of Rs. 10/- per share to Rs. 5/- per share in accordance with provisions of the section 61(1)(d) of the Companies Act, 2013.

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First Published: Jul 20 2015 | 1:48 PM IST

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