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Amba Enterprises informs about outcome of board meeting

07 May 2016 Evaluate

Amba Enterprises has informed that the Board of Directors of the Company at its meeting held on May 07, 2016, has concluded and approved the allotment of split shares to shareholders whose name appeared on the record date of May 10, 2016; Board fixed the date for next Board meeting to be held on May 20, 2016 to consider and approve audited results for the year ended March 31, 2016, to consider dividend, if any, to consider issue of Bonus shares; Circular Resolution passed in between the period of last board meeting and this board meeting; Board also considered the offer received from Crystal Solutions Ltd., a software solution company having clients like TCS, Tech Mahindra, HCL, Dimension Data etc., for acquisition of majority stake in their Company. Board in principle decided positively to go ahead with this offer subject to valuation and other related terms and conditions.

The above information is a part of company’s filings submitted to BSE.

Amba Enterprises Share Price

129.60 -6.47 (-4.75%)
30-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Redington 215.90
Adani Enterprises 2404.05
Amrapali Industries 18.00
Rashi Peripheral 458.60
PDS 274.45
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