Webinar :Register now for Commodity Ki Paathshala webinar on ‘FPOs & Agriculture Marketing-The Beginning of a New Era’ on January 22, 4pm

HCL shareholders' approve proposals to hike authorised share capital, issue bonus shares

"The above resolutions have been duly approved by the shareholders of the company with requisite majority. These resolutions shall deemed to have been passed on the last date of voting i.e. November 29, 2019," HCL Technologies said in a BSE filing.

November 30, 2019 / 08:28 PM IST
Image: Twitter

Image: Twitter

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

HCL Technologies on Saturday said its shareholders have approved proposals to increase authorised share capital and issue bonus shares. The company had sought shareholders' approval via postal ballot on October 26 for increase in authorised share capital and consequent alteration of the memorandum of association of the company, and issue of bonus shares.

"The above resolutions have been duly approved by the shareholders of the company with requisite majority. These resolutions shall deemed to have been passed on the last date of voting i.e. November 29, 2019," HCL Technologies said in a BSE filing.

Also, the Record Date of December 7, 2019, for the purpose of determining the entitlement of the equity shareholders for the bonus shares has been confirmed, it added.

As per the filing, 93.05 percent votes were cast in favour of the ordinary resolution for approval of increase in authorised share capital and consequent alteration of the memorandum of association of the company.

Similarly, the resolution for issue of bonus shares received 97.56 per cent votes in favour of the proposal.
PTI
TAGS: #HCL Tech
first published: Nov 30, 2019 07:19 pm

stay updated

Get Daily News on your Browser
Sections