Atlanta Board to consider stock split

Atlanta Ltd has announced that a meeting of the Board of Directors of the Company will be held on January 16, 2007, inter alia, to transact the following businesses:

1. To consider the split of the face value of the shares of the Company from Rs 10/- share to Rs 2/- share.

2. To consider the further fund raising to finance the business expansion plans.

3. To consider the increase of Authorised Capital from Rs Twenty three Crores to Rs Twenty Eight Crores.

4. To call an Extra Ordinary General Meeting of the shareholders of the Company to accord necessary approvals for the above matters.

Source : Equity Bulls

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