Grauer & Weil India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 15, 2011, inter alia, transacted the following : 1. The Board has approved the Draft Notice of Postal Ballot pursuant to Section 192A of the Companies Act, 1956 to sub - divide / Split the Equity Share of Rs. 10/- each of the Company into Equity Share of Re. 1/- each and Consequential alteration of Memorandum and Articles of Association. 2. The Board also approved the draft letter for 'Green Initiative in Corporate Governance' to be sent to all the Members pursuant to Circulars issued by Ministry of Corporate Affairs (MCA).
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
