Indoco Remedies has informed that a meeting of the board of directors of the company will be held on March 29, 2012, to consider a proposal for sub division of shares of Rs 10 each and a proposal for issue of bonus shares.
The board will also consider a proposal for increasing the Authorised Share Capital and consequent amendments to Memorandum of Association of the Company.
The above information is part of company’s filing submitted to the BSE.