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Galactico Corporate Services Ltd - Board approve Sub-division of Equity Shares & Bonus Issue (EGM on June 06, 2022)
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16 May 2022
Galactico Corporate Services Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 15, 2022, inter alia, transacted following:&lt;BR&gt;&lt;BR&gt;1. Considered and approved sub-division of Authorized Share Capital comprising 1,50,00,000 (One Crore Fifty Lacs) Equity Shares of the Company having face value of Rs. 10/- each into 15,00,00,000 Equity Shares of face value of Re. 1/- each and subsequent alteration of Capital Clause of Memorandum of Association of the Company subject to Shareholders approval in ensuing Extra Ordinary General Meeting, subject to Shareholders approval in ensuing Extra Ordinary General Meeting. &lt;BR&gt;&lt;BR&gt;2. Considered and approved issue of Bonus Shares post sub-division of Shares to the shareholders in the ratio 3:10 (i.e. 3 (Three) equity shares of Re. 1/- each for every 10 (Ten) equity shares of Re. 1/- each held in the Company) subject to Shareholders approval in ensuing Extra Ordinary General Meeting.&lt;BR&gt;&lt;BR&gt;3. Considered and approved notice of Extra Ordinary General Meeting to be held on June 06, 2022.
View all announcements for Galactico Corporate Services Ltd Source: BSE India

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