Gujarat Toolroom has informed that the Extra Ordinary General Meeting (EGM) of the company was held today, 20th October, 2022 at 01.00 pm at the registered office of the company to transact the following businesses: To Increase the Authorized capital of the company from the existing to Rs 6,00,00,000 divided into 60,00,000 Equity shares of Face Value of Re 10 each by way of altering the Capital clause of Memorandum of the company, to alter the main object clause of the Memorandum of Association of the company by addition of the new object clause of Commodity business and Construction activity, raising of funds by way of issue of 48,60,000 equity shares at a Price of Rs 10 each on a Preferential Issue Basis (‘Preferential Allotment’) and appointment of Kalpesh Anilbhai Malvi as Managing Director of the company.
The above information is a part of company’s filings submitted to BSE.
