VKS Projects has informed that the board of directors of the company at its meeting held on January 10, 2013, have approved the sub-division of the company’s existing fully paid equity shares of nominal value of Rs. 10 each into 1 equity share of nominal value of Rs. 1 each and consequent amendments to Memorandum of Association of the Company. The extra-ordinary general meeting to consider the same shall be held on February 08, 2013.
Further, the board has appointed C D Nathan as an additional director (Whole Time Director), who is presently the CFO of the company in place of Dr. Saritha Sukumaran who has tendered her resignation and also appointed Jayesh Udeshi as an additional director (Independent Director) in place of Mohua R. Ghosh who has also tendered her resignation.
The above information is a part of company’s filings submitted to BSE.
