Tuesday, April 19, 2011

Volant Textile Mills Board Approves Stock Split

Volant Textile Mills Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 18, 2011, inter alia, has decided the following:

1. To Sub-divide existing equity share having face value of Rs. 10/- each to 10 Equity shares having face value of Rs. 1/- each with the due permission of members of the Company and other authorities;

2. To alter Article 3 of Articles of Association to keep update as per the Clause V of Memorandum of Association with due permission of the members of the Company and other authorities.

3. To call Extra-ordinary General Meeting on May 16, 2011 Monday 11 A.M. interalia to obtain approval of members of the Company for above matters.

Source: BSE Corporate Announcements

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