Saianand Commercial has informed that, recommended the proposal of sub- division of Company's 1 equity shares of face value of Rs 10 each into 10 equity shares of face value of Rs 1 each subject to approval by shareholders in forthcoming Annual General Meeting. Record date for Split/Subdivision of Nominal Value will be intimated in due course subject to compliance of necessary laws and recommended alteration of Capital Clause (Clause V) in the Memorandum of Association of the Company, subject to the approval by shareholders in forthcoming Annual General Meeting.
The above information is a part of company’s filings submitted to BSE.
