Bombay Wire Ropes has informed that the Board of Directors of the Company at its meeting held on June 13, 2016, has approved Split/ Sub-division of Equity Shares of the Company of the face value on of Rs 10 to face value of Re 1 each subject to approval of the shareholders through Postal Ballot, approved Consequential Alteration of Memorandum of Association and Articles of Association to give effect to sub-division of Face value of the Equity Shares of the Company, and approving and finalizing the notice of postal ballot for obtaining approval of the shareholders for the above referred matters.
The above information is a part of company’s filings submitted to BSE.
