Midas Infra Trade at its meeting held on August 14, 2014, has considered and approved the 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 Re 1 each, subject to the consent of the shareholders.
Midas Infra Trade Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 14, 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.The aforesaid decision of the Board of Directors is subject to the approval of the shareholders and other authorities.Source : BSE
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