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Sadhana Nitro Chem Ltd.

BSE: 506642 Sector: Industrials
NSE: N.A. ISIN Code: INE888C01040
BSE 00:00 | 24 Apr Sadhana Nitro Chem Ltd
NSE 05:30 | 01 Jan Sadhana Nitro Chem Ltd

Board approves Sub-division of Equity Shares

January 31, 2020, 7:29 pm | Source: BSE

Sadhana Nitro Chem Ltd has informed BSE that the Board of Directors of the Company at its meetings held on January 31 2020 inter alia has transacted the following businesses:

- Subject to approval of members and other approvals if any each of equity shares of the nominal value of Rs. 5/- each fully paid up in the Capital of the Company be and is hereby sub-divided into 5 equity shares of Rs. 1/- each fully paid up and Clause V of Memorandum of Association be altered accordingly.

Further pursuant to the sub-division of equity shares of the Company the 18630298 (One Crore Eighty-Six Lacs Thirty Thousand Two Hundred NinetyEight) issued subscribed and paid-up Equity shares of the face value of Rs. 5/- (Rupees Five each) fully paid up shall stand sub-divided into 93151490 (Nine Crores Thirty One Lacs Fifty One Thousand Four Hundred Ninety) Equity shares of Face value Rs.1/- (Rupees One) each fully paid up.