Vakrangee Softwares has informed that the board of directors of the company at its meeting held on February 23, 2012, has considered and approved, and recommended for approval of members increase in authorised share capital of the company from Rs 45.00 crore only divided into 4,50,00,000 equity shares having face value of Rs 10 each to Rs 75.00 crore divided into 7,50,00,000 equity shares having face value of Rs 10 each.
The board approved, and recommended for approval of members, subdivision of each existing equity shares of Rs 10 each fully paid-up, into 10 equity shares of Re 1 each fully paid-up.
The board approved and recommended for approval of members, the issuance of bonus shares in the proportion of 1 new equity bonus share of Rs 10 each for every 1 existing equity share of Rs 10 each fully paid-up by capitalization of reserve and also constituted a board committee to consider, approve and take decisions with regard to the matters related to bonus issue and subdivision of capital.
The above information is part of company’s filing submitted to the BSE.
| Company Name | CMP |
|---|---|
| eClerx Services | 1631.05 |
| Info Edge | 1054.50 |
| Firstsource Solution | 239.25 |
| Affle 3i | 1468.10 |
| Hinduja Global Soln. | 426.90 |
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