Vijay Textiles has informed that the Board of Directors of the Company at its meeting held on October 29, 2015, has considered and approved the allotment of 2,76,000 Redeemable, Non-Convertible & Cumulative Preference Shares of Rs 100 each to Promoter, Vijay Kumar Gupta, and transfer of unclaimed and unpaid dividend amount to Investor Education and Protection Fund in respect of the Dividend declared for the financial year 2007-2008.
The above information is a part of company’s filings submitted to BSE.