Manali Petrochemical shareholders approve division of equity shares into Rs.5

Manali Petrochemical Ltd has announced that the members at the Annual General Meeting (AGM) of the Company held on August 19, 2006, have passed a resolution in terms of section 94 of the Companies Act, to re-organize the authorized share capital as well as the issued, subscribed and paid up share capital of the Company by sub-dividing the Equity shares of the face Rs 5 each.

Source : Equity Bulls

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