Corporate News     05-Dec-13
CIL Nova Petrochem to hold board meeting
On 11 December 2013
CIL Nova Petrochemicals will hold its board meeting on 11 December 2013 to consider the following business: 1. to take note of New ISIN (International Securities Identification Number) of NSDL & CDSL and authorize the directors / company secretary to sign the documents and other related formalities pursuant to consolidation of equity shares. 2. to approve the issue of equity shares of face value of Rs 10 each to shareholders as per the 'Record Date' data pursuant to consolidation from Rs 5 per share to Rs 10 per share and do other necessary formalities in this connection. 3. to approve the application for re-commencement of trading of equity shares of face value of Rs 10 each pursuant to consolidation of shares with stock exchanges and do all related formalities as per Listing Agreement. 4. to discuss regarding sale of fraction shares in the open market by independent agency and distribution of sale proceeds to shareholders.
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