Music Broadcast has informed that resolution for increase in the Authorized Share Capital, as stated in the Postal Ballot Notice dated January 27, 2020 has been approved by Members with requisite majority, and shall be deemed to have passed on March 03, 2020, being the last date of receipt of postal ballot forms/ e-voting. Consequent to the aforesaid approval, the Company’s Authorized Share Capital stands increased from Rs 67,05,00,000 to Rs 80,05,00,000 by creation of additional 6,50,00,000 equity shares of Rs 2 each.
The above information is a part of company’s filings submitted to BSE.
