The Hindu Business Line

Gayatri Projects board to meet on Dec 26

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Gayatri Projects Ltd has informed the Bombay Stock Exchange that the meeting of the board of directors of the company is scheduled to be held on December 26 to consider and approve the sub-division of the nominal value of the equity shares of ₹10 per share to ₹2. The board will also consider Alteration of Memorandum and Articles of Associatio­n of the Company to reflect the same in line with the provisions of the Companies Act, 2013. The Hyderabadb­ased company through earlier announceme­nts on October 4-5 had informed about the proposed move to pave way for the sub division of equity shares.

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