Board approves Sub-Division of Equity Shares (EGM on Nov 14, 2013)

MP Polypropylene Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 19, 2013, inter alia, have transacted the following business:

1. Approved Change of name of the Company subject to approval of the members and necessary approvals / permission from relevant statutory authorities.

2. Approved sub-division of face value of equity shares. Hence every shareholder holding 1 equity share of Rs. 10/- each will be allotted 10 equity shares of Rs. 1/- each.

3. Extra Ordinary General Meeting of the Company will be held on November 14, 2013 to obtain necessary approvals from the members.

Source : BSE - www.bseindia.com

Published on October 21, 2013
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