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C Mahendra Expo
BSE: 533304NSE: CMAHENDRAISIN: INE378J01013

28th-Apr-2015 09:03Source: BSE

C Mahendra Expo - Board approves Bonus Issue

C Mahendra Exports Ltd has informed BSE that the adjourned Meeting of the Board of Directors of the Company that the Board of Directors of the Company at its adjourned meeting held on April 27, 2015 has approved the following, subject to the approval of Members of the Company in a General Meeting and other regulatory approvals:

1. Increase in Authorized share Capital of the Company up to Rs. 150 crores from existing Rs. 75 crores.

2. To consider the issue of bonus shares in ratio of 1:1 subject to the approval of the shareholders of the Company

3. To authorize any of the Directors/ Company Secretary to take all further necessary actions for getting the approval of the shareholders with regards to point no. 1 & 2.

4. Alteration of Memorandum of Association.

5. Alteration of Articles of Association.

6. To hold EGM in due course for the above mentioned matters.

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