Universal Autofoundry Ltd Board to consider Bonus Issue

A meeting of the Board of Directors of Universal Autofoundry Ltd is scheduled to be held on October 01, 2021, through video conferencing, to consider the proposal to increase Authorised Share Capital of the Company and to consider and approve the Issue of Bonus shares.

The board will approve migration of the Company from BSE SME Segment to the Main Board of BSE Limited.

The board will also consider proposals to appoint scrutinizer for conducting Postal Ballot arld E-Voting Process and to approve Postal Ballot Notice and Calendar of Events.

Source : Equity Bulls

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