HPC Biosciences Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 14, 2015, have considered the following resolutions:
1. Approved Split/Sub-division of each Equity Shares of the Company having a face value of Rs. 10/- (Rs. Ten) each into 10 (Ten) equity shares having a face value of Re. 1 (Rupee One) each, subject to the consent of the shareholders and other relevant authorities.
2. Approved Consequent alteration in Capital Clause (Clause V) of Memorandum of Association to give effect of split in face value of Equity Shares.
3. Convene Extra Ordinary General Meeting (EGM) of the Members of the Company on February 10, 2015 at 9.15 a.m. at Retreat Motel/Resort, Alipur, Main G.T. Road, Near Palla Moad, Delhi -110036 of the Company to seek their approval for above businesses.
At 2.24 PM, the stock was 0.14% at Rs. 461. The stock has hit a high of Rs. 461 and a low of Rs. 461.