Surabhi Chemicals & Investments has informed that the board of directors of the company at its meeting held on June 22, 2012, has approved to increase the authorized capital of the company from Rs. 200 Lacs to Rs. 1200 Lacs.
Further, the board recommended the bonus issue in the ratio of 9 : 1 (i.e. Nine shares for every one share held on record date) and wished to call an extra ordinary general meeting of company on July 21, 2012 to seek members' approval on increase in authorized capital and bonus issue.
The above information is a part of company's filings submitted to BSE.
