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Jyoti Resins & Adhesives board recommends sub-division of equity share

29 Aug 2016 Evaluate

Jyoti Resins & Adhesives has informed that the Board of Directors of the Company has at its meeting held on August 29, 2016 has considered and recommended Sub-division in face value of equity share of the Company of Rs 10 each into 10 Equity Shares of Re 1 each and consequent amendment in the Capital Clause of the Memorandum of Association of the Company. However, above recommendation shall be subject to approval of shareholders at the ensuing Annual General Meeting of the Company.

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

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