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Akshar Spintex informs about outcome of board meeting

17 Feb 2024 Evaluate

With reference to intimation made by the Company in accordance with Regulation 30 read with Schedule III of SEBI (Listing Obligation and Disclosures Requirements) Regulation, 2015 on 17th February, 2024. Akshar Spintex has informed that the meeting of Board of Directors of the Company was duly convened and held on Saturday, 17th February, 2024 at 9.30 am and considered, approved and taken on record the following businesses: 1. Considered and approved allotment of 4,99,98,000 equity shares of Rs 1 each fully paid up to the Existing Shareholders in the ratio of 1:5 i.e. 1 New Bonus share of Rs 1 each for every 5 Existing equity shares face of value of Rs 1 to eligible members whose name appeared in the register of members/ list of beneficial owners provided by Depositories/ RTA as on 15th February,2024 being the record date fixed for the purpose. Pursuant to the above allotment, the revised paid-up capital of the company is attached. The meeting of the Board commenced at 09.30 am and concluded at 10:00 am.

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

Akshar Spintex Share Price

0.51 -0.01 (-1.92%)
17-Apr-2026 16:59 View Price Chart
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