Chembond Chemicals has informed that the Board of Directors of the Company at its meeting held on June 04, 2016, has approved the sub-division of each equity shares of Rs 10 each of the Company into two equity shares of Rs 5 each subject to the approval of the shareholders of the Company and other applicable regulatory approvals; alteration of Memorandum of Association of the Company and Articles of Association of the Company for the purpose of sub-division of equity shares subject to the approval of the shareholders of the Company. The abovementioned meeting of Board commenced at 10.00 a.m. and concluded at 12.30 p.m.
The above information is a part of company’s filings submitted to BSE.
