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Sip Industries informs about outcome of board meeting

08 Sep 2023 Evaluate
Sip Industries has informed that the Board of Directors of the Company in its meeting held on September 08, 2023 at 11:00 AM have considered and approved the following: Ratified the record date as 24/04/2023 for the purpose of extinguishment and re-issue of extinguished capital Approved the extinguishment of entire share capital in accordance with the approved resolution plan; Approved the issue of shares post extinguishment as per the approved resolution plan; Appointed Foster Minds Consulting Services to act as a trust holder to hold all fractional shares arising out of extinguishment and issue of shares in accordance with resolution plan; Approved the filing of application to Bombay Stock Exchange (BSE) for listing of the fresh issued equity shares. The meeting commenced on 11:00 AM and concluded by 12:15 PM.

The above information is a part of company’s filings submitted to BSE.

SIP Industries Share Price

6.01 0.00 (0.00%)
17-Apr-2023 18:01 View Price Chart
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