OSIAN INDUSTRIES LTD. - Board approves Split of Equity Shares

Osian Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 15, 2012, inter alia, has considered and approved the following :<br/><br/>1. Split in Face VaIue of Equity Shares from 1 shares of Rs. 10/- each to 5 share of Rs. 2/- each. Hence every Shareholders holding 1 share of Rs. 10/- each will get 5 shares of Rs. 2/- each, subject to approval of members.<br/><br/>2. Change in name of the Company subject to appoval of Registrar of Companies.