Hindusthan Udyog Limited has informed that the Board of Directors of the Company at its meeting held on July 29, 2009, has issued and allotted 8,49,625 Equity Shares of Rs 10/- each and 60,00,000 10% Cumulative Redeemable Preference equity Shares of Rs 10/- each to the Equity Shareholders and the Preference equity Shareholders respectively of ACC-Nihon Castings Limited (Transferor Company) pursuant to an Order dated March 23, 2009 passed by the Honble High Court at Calcutta in connection with the amalgamation of ACC-Nihon Castings Limited with the Company.
Consequently with effect from July 29, 2009, the Issued, Subscribed and Paid up equity Share Capital of the Company stands increased to Rs 13,17,67,250/- consisting of 71,76,725 Equity Shares of Rs 10/- each fully paid up and 60,00,000, 10% Cumulative Redeemable Preference equity Shares of Rs 10/- each fully paid up.
Consequently with effect from July 29, 2009, the Issued, Subscribed and Paid up equity Share Capital of the Company stands increased to Rs 13,17,67,250/- consisting of 71,76,725 Equity Shares of Rs 10/- each fully paid up and 60,00,000, 10% Cumulative Redeemable Preference equity Shares of Rs 10/- each fully paid up.
No comments:
Post a Comment