Rose Zinc Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 11, 2013, have subject to the approval of the Hon'ble High Court of Rajasthan, Shareholders, Stock Exchange where the shares of the Company are listed and other relevant regulatory authorities, approved the reduction of Equity Share Capital of the Company from Rs. 8,08,21,200/- divided into 80,82,120 Equity Shares of Rs. 10/- (Rupees Ten only) each fully paid-up to Rs. 80,82,120/- 8,08,212 Equity Shares of Rs. 10/- (Rupees Ten Only) each and that such reduction be effected by cancelling of 72,73,908 Equity Shares of Rs. 10/- each amounting to Rs. 7,27,39,080 in the existing paid up Equity Share Capital against debit balance in Profit and Loss account.Source : BSE
Read all announcements in Rose Zinc
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.