Ravileela Granites Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on December 13, 2013, inter alia, to consider the following:1. Reduction of paid up Capital to Rs. 4,06,67,600 comprising of 40,86,000 equity shares of Rs. 10/- each against Accumulated capital losses.2. Allotment of 65,00,000 equity shares of Rs. 10/- each upon conversion of unsecured loan into equity.Source : BSE
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