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Outcome of board meeting of Tayo Rolls

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Capital Market

Held on 03 April 2014

The Board of Tayo Rolls at its meeting held on 03 April 2014 has approved to increase the authorised share capital of the Company to Rs 350 crore divided into 1.50 lakh equity shares of Rs 10 each and 3.35 crore lakh redeemable preference shares of Rs 100 each by creation of additional 1.50 crore redeemable preference shares of Rs 100 each and to alter the Clause 5 of Memorandum and Article of Association of the Company accordingly. The Board has decided to hold the EGM on 12 May 2014.

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First Published: Apr 03 2014 | 5:00 PM IST

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