Board to consider Sub-division of equity shares

Gallantt Ispat Ltd has informed BSE that Meeting of the Board of Directors of the Company will be held on June 29, 2018, inter alia, to decide and approve following important businesses:

1. To Sub-division (Split) of Equity Shares of the Company of Face Value @ Rs. 10/- each as per Section 61(1)(d) of the Companies Act, 2013 subject to the approval of the Members of the Company.

2. Alteration of Capital Clause in Memorandum of Association of the Company as per Sections 13 and 61 and all other applicable provisions, if any, of the Companies Act, 2013 subject to the approval of the Members of the Company.

Further, as per the Companys Code of Conduct for Prohibition of Insider Trading, the trading window for dealing in the securities of the Company will be closed for all directors / officers / designated employees of the Company from June 27, 2018 to July 01, 2018 (both days inclusive).

Pdf Link: Board to consider Sub-division of equity shares

Source : BSE - www.bseindia.com

Published on June 26, 2018

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