Automobile Products of India has informed that pursuant to the BIFR order the following changes have been directed: De-rating of face value from Rs 10 to Rs 1 per equity share, consequently the equity share capital was reduced from Rs 3,11,89,700 to Rs 31,18,970; Conversion of unsecured loans of the Promoter into equity shares at a premium due to which the equity share capital of the Company increased from Rs 31,18,970 to Rs 7,00,00,000. The above has been considered and taken on record at the Annual General Meeting held on 31st May, 2004, which is deemed to be record date.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Syngene Internation. | 435.70 |
| Indegene | 486.80 |
| CMS Info Systems | 318.00 |
| JITF Infralogistics | 338.00 |
| Sagility | 42.95 |
| View more.. | |
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