Stellant Securities India Ltd to reduce share capital

The Board of Directors of Stellant Securities (India) Ltd at its meeting held on October 16, 2014, has decided to reduce it fully paid up equity shares capital from Rs. 37,024,010/- (Three Crore Seventy Lakh Twenty Four thousand and ten only) divided into 3,702,401 (Thirty Seven Lakh Two thousand Four Hundred and One only) Equity share of Rs. 10/- (Ten only) each to Rs. 74,04,802/- divided into 7,40,480 equity shares of Rs. 10/- each, whereby reducing 4/5th of share capital out of total paid up capital of the Company, subject to such approvals and permissions from the shareholders, statutory authorities and from the Bombay High Court.

Source : Equity Bulls

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