Parikh Herbals board approves sub-division of shares from Rs 10 into Rs 1 each.
Parikh Herbals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 30, 2012, inter alia, has approved the following businesses:1. To subdivide the Equity Shares of the Company from Rs. 10/- each into Equity Share of Rs. 1/- each.2. To decide about the raising of funds, by offering, issuing and allotting either Equity Shares, GDRs, ADRs or convertible instruments such as bonds, debentures, FCCBs and warrants, in the next Board Meeting of the Company.3. To convene the Extra Ordinary General Meeting of the Shareholders of the Company on July 30, 2012 at the Registered office of the Company for subdivision of Equity Shares.Source : BSE
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