Board approves Sub-division of shares


09 March 2012: 

Gravita India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 09, 2012, discussed and approved the following subject to approval of shareholders:

shares1. Sub-division of shares of the Company by split of Face Value of Rs. 10/- per share to Rs. 2/- per share.

2. Alteration in the Capital Clause of Memorandum of Association of the Company, consequent upon sub-division of shares as above.