Walchand Peoplefirst Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 10, 2011, inter alia, has approved the following :
1. Sub-division of 23,00,000 (Twenty Three Lacs) Equity Shares of Rs. 100/- each into 2,30,00,000/- (Two Crores Thirty Lacs) Equity Shares of Rs. 10/- each.
2. Resignation of Ms. Poonam Barua from the Directorship of the Company.
3. Re-appointment of Ms. Pallavi Jha, as Managing Director of the Company on revised terms with effect from April 01, 2011 subject to the approval of the Members and Central Government.
4. Re-appointment of Mr. Sanjay Jha, as Whole Time Director of the Company on revised terms with effect from April 01, 2011 subject to the approval of the Members and Central Government.
Sensex
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Tuesday, May 10, 2011
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