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Corporate News
22-Apr-24
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Board of Sanghi Industries approves sub-division and increase in authorised share capital
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At meeting held on 22 April 2024
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The Board of Sanghi Industries at its meeting held on 22 April 2024 has approved sub-division and increase in authorised share capital of the company from existing Rs. 550 crore divided into 35,00,00,000 equity shares of face value of Rs. 10/- each and 2,00,00,000 preference shares of face value of Rs. 100/- each to Rs. 2550 crore divided into 35,00,00,000 equity shares of face value of Rs. 10/- each and 220,00,00,000 preference shares of face value of Rs. 10/- each and
consequent alteration in Clause V of the Memorandum of Association of the Company, subject to the approval of shareholders.
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