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EROS INTERNATIONAL MEDIA LTD. - Board Meeting Outcome for Outcome Of Board Meeting Held On May 19, 2022
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19 May 2022
The Board of Directors of the Company at their meeting held today i.e. May 19, 2022, inter alia, considered and approved the following: 1. Increase in the Authorised Share Capital of the Company from existing Rs. 125,00,00,000/- (Rupees One Hundred Twenty Five Crores Only) divided into 12,50,00,000/- (Twelve Crores Fifty Lakhs) Equity Shares of Rs.10/- each to Rs. 350,00,00,000 (Rupees Three Hundred Fifty Crores Only) divided into 35,00,00,000 (Thirty Five Crores) Equity Shares of Rs. 10/- each by creation of additional 22,50,00,000 (Twenty Two Crores Fifty Lakhs) Equity shares of face value of Rs. 10/- each ranking pari passu in all respects with the existing equity shares of the Company. Accordingly, the Capital Clause of the Memorandum of Association will also be replaced subject to approval of shareholders.
View all announcements for EROS INTERNATIONAL MEDIA LTD. Source: BSE India

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