Markets

Markets info for Monday, Feb 28

Our Bureau Mumbai | Updated on February 28, 2011 Published on February 28, 2011

Dynacons Systems & Solutions Ltd has informed BSE that the board of directors of the company at its meeting held on February 26, 2011, has considered and approved the incorporation of wholly-owned subsidiary of the company in Ras Al Khaimah Free Trade Zone, United Arab Emirates.

It has also given its nod for further investments to be made by the company into the proposed foreign subsidiary company up to Rs one crore and authorised Mr Dharmesh Anjaria and/or Mr Parag Dalal to take necessary steps for the same.

Dazzel Confindive Ltd has informed BSE that the board meeting held on February 26, 2011, has decided to sub-divide existing equity shares having a face value of Rs 10 each into 10 equity shares having a face value of Re 1 each. with the due permission of members of the company and other authorities.

The board has decided to adopt new set of Articles of Association by replacing the existing set of Articles of Association with due permission of the members and other authorities.

It has also decided to call Extra-ordinary General Meeting on March 23, 2011, inter-alia to obtain the members’ approval for the same.

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Published on February 28, 2011
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