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BSE SENSEX
73,730.16
-609.28
-0.82 %
Corporate Announcement
Security Code
512047
Company
Royal India Corporation Ltd
Exchange Received Time
28/02/2024 16:21:35
Exchange Disseminated Time
28/02/2024 16:21:37
Time Taken
00:00:02
Board Meeting Outcome for Outcome Of The Board Meeting Held On Wednesday, 28Th February, 2024 |
2/28/2024 4:21:37 PM
The Board of Directors of Royal India Corporation Limited in its meeting held today on Wednesday, 28th February, 2024 has considered and approved the followings: Increase in authorized capital of the Company and alteration of Clause V. sub clause a) of the Memorandum of Association. Subject to the approval of the members of the Company, the Board of the Company has approved the increase of Authorized Share Capital of the Company from Rs.24,00,00,000 divided into 2,40,00,000 equity shares of Rs.10 (Rupees ten) each to Rs.74,00,00,000 (Rupees Seventy Four Crores only) divided into 7,40,00,000 (Seven Crores Forty lakhs) equity shares of Rs.10 (Rupees ten) each. The revised Clause V. sub clause a)of the Memorandum of Association is reproduced herein below: "a) The Authorized Share Capital of the Company is Rs.74,00,00,000 (Rupees Seventy Four Crores only) divided into 7,40,00,000 (Seven Crores Forty lakhs) equity shares of Rs.10 (Rupees ten) each with power to increase or reduce.'
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