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Our Bureau

Coimbatore, June 19 Autolite India Ltd has convened a meeting of the board of directors on June 30 to consider plan for capital investment in the company for modernisation and expansion and discuss the possibilities of diversification into real estate business.

Greenply Industries Ltd has said that the High Court at Gauhati has directed that a meeting of the equity shareholders of the company be convened on July 12 for the purpose of considering and if thought fit, approving, with or without modifications the proposed Scheme of Amalgamation of Galaxy Decor Pvt Ltd and Platinum Veneers Pvt Ltd with the company.

Ratnamani Metals & Tubes Ltd’s board of directors has recommended, subject to the approval of the shareholders, to sub-divide the equity shares of face value of Rs 10 each into 5 equity shares of face value of Rs 2 each.

Shri Dinesh Mills Ltd’s board of directors on June 19 approved sub-division of equity shares of Rs 100 each into shares of Rs 10 each.

Time Technoplast Ltd’s board of directors will, on June 27, consider sub division of equity shares of the company.

Tulsyan NEC Ltd has signed a memorandum of understanding with Suhayl Abdul Mohsin Al-Shoaibi & Sons Holding Company Ltd of Saudi Arabia for proposed steel plant having capacity of 5 lakh TPA in Saudi Arabia.

Vikas WSP Ltd has acquired agricultural land measuring 2025 acres for raising certified organic (USDA NOP, EEC and NPOP India organic) crops- Guar to meet increased export demand of certified organic guar gum polymers mainly for the production of lacto fermented foods, dairy and convenient food products and wheat to manufacture pre-gelatinised certified organic wheat farina for export.

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