With reference to earlier announcement dated May 12, 2011 informing about meeting of the Board of Directors of the Company scheduled to be held on May 28, 2011, inter alia, to consider the audited Financial Accounts of the Company for the last Quarter and Financial Year Ended March 31, 2011, Vaarad Ventures Ltd has now informed BSE that at the said Board Meeting, it is also proposed to place before the Board following items for consideration and approval:1. Sub-division of Equity Shares of Rs. 2/- each into two Equity Shares of Rs. 1/- each.2. Issue of FCCB / ADRs/ GDRs if any.Source : BSE
