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Gujarat Automotive Gears board okays sub-division

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Capital Market

Into Rs 2 each

Gujarat Automotive Gears has announced that at the board meeting held on 08 January 2014, the board has approved the sub-division of equity share of nominal value of Rs 10 each fully paid up into 5 equity shares of nominal value of Rs 2 each fully paid up.

The board also has approved to alter the Capital Clause of Memorandum of Association of the Company consequent upon sub-division of existing equity shares.

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First Published: Jan 09 2014 | 3:38 PM IST

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