Crystal Software Board approves sub-division

-
 

Crystal Software Solutions Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 03, 2007, inter alia, has transacted the following business, and approved the following, subject to the approval of the shareholders and other regulatory authority, if any:

 

1. To increase in authorised share capital of the Company from Rs 5 Crores to 10 Crores and consequential amendments in Memorandum (& Articles) of Association of the Company.

 

2. To sub-divide the Shares of the Company from face value of Rs 10/- each to face value of Re 1/- each and consequential amendments in Memorandum (& Articles) of Association of the Company.

 

3. To issue further shares / warrants on preferential basis in Domestic / International market.

 

Further the Company has informed that, the Directors has resolved to convene an Extra Ordinary General Meeting of the Company on January 15, 2008 and approved the draft notice for the same.

 

 

Popular posts from this blog

IOB capitalises on hike in stake by LIC

-
Indian Overseas Bank rose 1.53% to Rs 46.45 at 10:31 IST on BSE, after the biggest domestic instutional investors Life Insurance Corporation of India hiked its stake in the state-run bank. The bank made this announcement after trading hours on Wednesday, 25 March 2009. Meanwhile, the BSE Sensex was up 126.19 points, or 1.31%, to 9,794.09. On BSE, 31,003 shares were traded in the counter. The stock had an average daily volume of 1.93 lakh shares in the past one quarter. The stock hit a high of Rs 47 and a low of Rs 45.95 so far during the day. The stock hit a 52-week high of Rs 156.80 on 2 May 2008 and a 52-week low of Rs 37.55 on 9 March 2009. The mid-cap bank stock had underperformed the market over the past one month till 25 March 2009, falling 3.17% as compared to the Sensex's 8.60% rise. It had also underperformed the market in the past one quarter, declining 33.94% as compared to the Sensex's 1.04% rise. The bank's current equ The current price of
Read more
-
https://economictimes.indiatimes.com/markets/stocks/news/companies-trading-at-values-cheaper-than-assets-and-still-have-no-takers/articleshow/71471784.cms
Read more