Chitika

Saturday 26 March 2011

Sec. 80 - Redemption of preference shares from the proceed of rights issue - Board Resolution;




"RESOLVED that 1500 thirteen per cent redeemable preference shares of Rs. 100/- each bearing distinctive numbers…………to….be redeemed and such redemption be made out of the sum of rupees one lac received by the company from the rights issue of 15000 equity shares of Rs. 10/- each made for the purposes of such redemption."

No comments:

Post a Comment