PG Industry has informed that Board of Directors of the company in its meeting held on 23rd August, 2019 at 05:30 PM and concluded at 08:45 PM, considered and approved the proposal of sub-division (split) of the existing Equity Shares in the ratio of one Equity Share of face value of Rs 10 each into 2 Equity Shares of face value of Rs 5 each, subject to shareholders' approval. Consequent to the aforementioned sub-division necessary amendment/alteration will be made to the Memorandum & Articles of Association of the Company, subject to shareholders' approval; and the proposal for amendment of Memorandum of Association and Articles of Association so that to make them in conformity with Companies Act, 2013.
The above information is a part of company’s filings submitted to BSE.
