S.E. Investments has informed that the board of directors of the company in its meeting held on September 24, 2011 has considered and approved the record date as October 05, 2011 for consolidation of the equity shares of the company from ten equity shares of Re 1 each into the one equity shares of Rs 10 each as considered and approved by the board of directors in its meeting held on July 25, 2011 and subsequently approved by the shareholders in the annual general meeting held on August 29, 2011.
In the event of consolidation of equity shares if any fractional entitlements arise, then such fractional entitlements will automatically be credited/ transferred through the depositories and/or the registrar and shares transfer agent of the company in the name of a separate trustee appointed by the board of directors for the settlement of the same.
The above information is part of company’s filing submitted to the BSE.
