Vinati Organics has informed that Board of Directors of the Company in its meeting held on 12th November, 2019 has considered and approved the following: Unaudited Financial Results and Limited Review Report for the quarter/half year ended 30 th September, 2019 are enclosed. Further, the Board of Directors has also considered and approved the following business matters subject to the approval of shareholders through postal ballot: Sub-division of Equity Shares of the Company from one Equity Share of face value of Rs 2 each to two Equity Shares of face value of Re 1 each at a Record Date to be determined by the Board of Directors subsequent to the approval of the shareholders through postal Ballot; The alteration of Capital Clause - Clause Vof the Memorandum of Association of the Company; The alteration of Share Capital Clause -Article Clause 6 of the Articles of Association of the Cornpany; and Employee Stock Option Scheme 2019.
The above information is a part of company’s filings submitted to BSE.
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