Good Luck Steel Tubes Ltd has informed that the Board of Directors of the Company at its meeting held on April 25, 2009, inter alia, has unanimously approved the following:
1. Subdivision Split of the face value of equity from Rs 10 to Rs 2 and other connected matters in this regard.
2. Reissue of forfeited shares.
The aforesaid matters are subject to the approval of the members and other competent authorities, as the case may be.
The Company is proposing to convene an Extra Ordinary General Meeting of the Company for the inter alia aforesaid matters on May 30, 2009.
1. Subdivision Split of the face value of equity from Rs 10 to Rs 2 and other connected matters in this regard.
2. Reissue of forfeited shares.
The aforesaid matters are subject to the approval of the members and other competent authorities, as the case may be.
The Company is proposing to convene an Extra Ordinary General Meeting of the Company for the inter alia aforesaid matters on May 30, 2009.
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