Pursuant to the provisions of Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Sai Baba Investment and Commercial Enterprises has informed that the Board of Directors of the company at their meeting held on 15th December, 2018 have considered and approved consolidation of entire authorized, issued, subscribed and paid-up share capital of the company from Re 1 per share to Rs 10 per share subject to approval of members at the ensuing Extraordinary General Meeting scheduled to be held on Friday, 18th January, 2019.
The above information is a part of company's filings submitted to BSE.