Get App
YOU ARE HERE >  Moneycontrol Markets > Announcements Textiles - Cotton BlendedAnnouncement - Axita Cotton
Axita Cotton
BSE: 542285NSE: ISIN: INE02EZ01014

30th-Dec-2019 16:03Source: BSE

Axita Cotton - Outcome Of Board Meeting In Accordance With SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('Listing Regulations').

The Board of Directors of the Company at their meeting held today i.e. December 30, 2019, has inter alia, considered and approved the following:

1. Allotment of 65,52,000 equity shares of ? 10/- each fully paid up bonus equity shares in the ratio of 1:1 (One equity share of ? 10/- each fully paid up for every one existing equity share of ? 10/- each fully paid-up) to the eligible equity shareholders of the company whose names appear in the Register of Members maintained by the Company''s Registrar and Share Transfer Agent/List of Beneficial owners received from the National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) as on December 27, 2019, being the record date fixed for this purpose.

2. Resignation of Riya Harshit Shah as chief financial officer of the Company with effective from the closure of the Business hours of December 30, 2019 due to her pre-occupied schedule.

Follow us on