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VIVIMED LABS LTD. - Board approves Sub-division of equity shares
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11 Jan 2016
Vivimed Labs Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 11, 2016, inter alia, have approved/resolved/taken note of the following:&lt;BR&gt;&lt;BR&gt;1. Approved the sub division proposal of Company&apos;s Equity Shares from the existing face value of Rs. 10/- per Equity Share to Rs. 2/- per Equity Share subject to the approval of Company&apos;s shareholders, which is proposed to be obtained through Postal Ballot &amp; E-Voting.&lt;BR&gt;&lt;BR&gt;2. To conduct Postal Ballot &amp; E-Voting for seeking approval of members for the above matter.&lt;BR&gt;&lt;BR&gt;3. Has taken on record , the resignation of Mr. Srinivas Chidambaram from the Board of Directors of the Company and Consequently reconstituted the Audit Committee.
View all announcements for VIVIMED LABS LTD. Source: BSE India