Jalgaon Re-rolling Industries Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 01, 2011, inter alia, have accorded to the following:
1. Increase the Authorised Share Capital of the Company from Rs. 3,00,00,000/- to Rs.
6,00,00,000/-(Rupees Six Crores only) divided into 60,00,000 Equity Shares of Es. 10/- each.
2. Adoption of New Clause V of Memorandum of Association of the Company in respect of increase of share capital as mentioned above.
3. Adoption of New Clause 3(a) of Articles of Association of the Company in respect of increase of share capital.
4. Preferential Allotment of 27,00,000 Equity Shares of Rs. 10/- each at a premium of Rs. 30/- per share to Other Investors pursuant to Section 81(1A) of the Companies Act, 1956.Read More
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Tuesday, March 01, 2011
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