ACTION CONSTRUCTION EQUIPMENT LTD. - Outcome of Board Meeting
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| 06 Feb 2016 | |
| Action Construction Equipment Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 06, 2016, inter alia, has considered and approved the following businesses:<BR><BR>1. The appointment of Mrs. Yashika as Company Secretary and Compliance Office in place of Mr. R.S Jhanwer, who resigned w.e.f. January 11, 2016.<BR><BR>2. Further Board decided to postpone the matter relating to allotment of issue of 1,84,90,500 no. of Equity Shares of Rs. 2/- each and 3,02,19,380 no. 8%, Cumulative Non-Participating Redeemable Preference Shares of Rs. 10/- each to the shareholders of ACE TC Rentals Pvt. Ltd. (transferor Company) pursuant to sanction of scheme of amalgamation as approved by the Hon'ble High Court of Punjab and Haryana and becoming effective on January 22, 2016 awaiting comments /approval from the designated stock exchange, after submission of the desired documents, post sanction of the Scheme by the Hon'ble High Court, as required under SEBI circular dtd February 04, 2013. | |
| View all announcements for ACTION CONSTRUCTION EQUIPMENT LTD. | Source: BSE India |
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