| Amrapali Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on November 21, 2009, inter alia, to transact the following:
1. To subdivide shares of the Company from Rs. 10/- per share to Rs. 5/- per share.
2. To enhance the authorized share capital of the Company.
3. To fix the date, venue and time of Extra Ordinary General Meeting.
4. To fix the record date for allotment of shares to shareholders of Amrapali Developers (India) Ltd. and Korrwett capital Investment Pvt. Ltd., transferor Companies, due to scheme of Amalgamation approved by the Gujarat High Court.
Amrapali Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 21, 2009, inter alia, has transacted the following business:
1. To subdivide shares of the Company from Rs. 10/- per share to Rs. 5/- per share.
The Board has decided to subdivide the share from Rs. 10/- per share to Rs. 5/- per Share.
2. To enhance the authorized share capital of the Company :
- The Board has decided to increase the authorised share capital from Rs. 16 crores to Rs. 26 crores so as to allot the shares to the shareholders of Amrapali Developers (India) Ltd. and Korrwett Capital Investment Pvt. Ltd., transferor Companies, due to scheme of Amalgamation approved by the Gujarat High Court.
3. To fix the date, venue and time of Extra Ordinary General Meeting (EGM) :
- The Board has decided to call the Extra Ordinary General Meeting on December 21, 2009 to consider the subdivision of shares and enhancement of authorized Share capital.
(As Per BSE Announcement Website dated on 25.11.2009)
Amrapali Industries Ltd has informed BSE that in the meeting of Board of Directors of the Company Amrapali Industries Ltd on November 21, 2009, the Board of Directors have fix the Record Date on December 21, 2009 for entitlement of Equity shares to be allotted to shareholders of Amrapali Developers India Ltd. and Korrwett capital Investment Pvt. Ltd., transferor Companies, due to scheme of Amalgamation approved by the Gujarat High Court.
(As Per BSE Announcement Website dated on 04.12.2009) |