HomeNewsBusinessCompaniesHindustan Motors reduces paid-up value of equity shares from Rs 10 to Rs 5

Hindustan Motors reduces paid-up value of equity shares from Rs 10 to Rs 5

Hindustan Motors has reduced paid-up value of equity shares from Rs 10 each fully paid up to Rs 5.

January 13, 2011 / 18:57 IST
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Hindustan Motors Ltd has informed BSE that the Hon'ble High Court at Calcutta vide its Order dated December 15, 2010 has confirmed the reduction of share capital of the Company by reducing the paid-up value of equity shares from Rs. 10/- each fully paid up of Rs. 5/- each fully paid up. The certified true copy of the Order was received on January 07, 2011. The said Order along with Form 21 has been filed with the Registrar of Companies, West Bengal and the Registrar of Companies, West Bengal has issued certificate of registration of the said Order in terms of Section 103(4) of the Companies Act, 1956 on January 11, 2011.
Source : BSE
first published: Jan 13, 2011 06:57 pm

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