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Emco Board to consider stock split

Posted On: 2008-01-08 05:11:08


Emco Ltd has announced that a meeting of the Board of Directors of the Company will be held on January 17, 2008 to take on record the Unaudited Financial Results for the quarter / nine months ended December 31, 2007.

The Board of Directors of the Company at the said meeting inter alia, will also discuss and consider the following:

1. Allotment of Equity Shares to the shareholders of Transferor Companies as per order passed by the High Court of Judicature at Bombay sanctioning the scheme of amalgamation of Urja Engineers Ltd. and India Energy Investments Pvt Ltd with the Company.

2. Allotment of Equity Shares to the employees of the Company who have exercised their options under Employee Stock Option Scheme 2006.

3. To consider sub division of Equity Share Capital of the Company.


Source: Equity Bulls

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