Mount Shivalik Industries has informed that the board of directors of the company at its meeting held on November 30, 2012, has proposed an increase in authorised capital of the company from Rs. 6,50,00,000 (Rupees Six Crore Fifty Lacs) to Rs. 10,00,00,000 (Rupees Ten Crores).
The above information is a part of company’s filings submitted to BSE.