KSS Limited - Board approves Sub-division of equity shares
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| 08 Jan 2015 | |
| KSS Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 08, 2015, inter alia, has considered and approved the following:<BR><BR>1. Sub-dividing the face value of each equity share of Rs. 10/- into 10 (ten) Equity Share of Re. 1/- each.<BR><BR>The Board has further decided to obtain shareholders approval through the process of Postal Ballot for obtaining consent of the members for the sub-division of shares and appropriate alteration to the Memorandum & Articles of Association of the Company.<BR><BR>The Board has appointed Mr. Vishal N. Manseta, Practicing Company Secretary as the scrutinizer for the purpose of conducting the Postal Ballot process in a fair and transparent manner.<BR><BR>2. Formed committee consisting of four members for the purpose of rollout plan of 4K technology in the Digital Cinema vertical.<BR><BR>3. No recommendation of dividend as per the suggestion given by the Auditors of the Company. | |
| View all announcements for KSS Limited | Source: BSE India |
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