Atlanta Board approves stock split

Atlanta Ltd has announced that the Board of Directors of the Company at its meeting held on January 16, 2007, inter alia, has transacted the following business:

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

2. Increase of Authorised Capital from Rs Twenty three Crores to Rs Thirty Crores.

3. Further fund raising to finance the business expansion plans.

4. To call an Extra Ordinary General Meeting of the shareholders of the Company on February 16, 2007 to accord necessary approvals for the above matters.

Source : Equity Bulls

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