Corporate News     17-Nov-05
Netlink Solutions members approve splitting of stock, raising Authorised Share Capital
Equity share of Rs 10 each to be sub-divided into equity shares of Rs 1 each

Netlink Solutions India Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on 17 November, 2005, have approved sub-division of the face value of equity shares from Rs 10 per share to Re 1 per share (Stock Split), the alteration of Articles of Association by inserting new Article relating to the Capitalization of Profits, increasing the Authorised Share Capital of the Company from Rs 1 crore to Rs 3 crore with consequential alteration of Memorandum & Articles of Association of the Company and the issue of bonus shares in the ratio of 2 shares as Bonus for every 1 equity share held by the shareholder(s).

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