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Board of IND Renewable Energy approves consolidation of equity shares

Board of IND Renewable Energy approves consolidation of equity shares

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The Board of IND Renewable Energy has approved change in face value of equity shares of the Company from Re 1 to Rs 10 each, subject to approval of shareholders. Consequently, the authorised share capital of the Company will be Rs 10 crore consisting of 1 crore equity shares of Rs 10 each and paid up equity share capital will be Rs 3.02 crore consisting of 30,27,360 equity shares of Rs 10 each.

Source: business-standard
Anand Gupta Editor - EQ Int'l Media Network

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