Cropster Agro has informed about the Outcome of Meeting of Board of Directors of the Company which was held on today, Monday, 23rd September, 2024. The Following businesses were taken into record and passed: Increase in the Authorized Share Capital of the Company from ? 30,00,00,000 (Rupees Thirty Crore only), divided into 3,00,00,000 (Three Crore) Equity Shares of ? 10 (Rupees ten only) each to ? 84,00,00,000 (Rupees Eighty Four Crore only), divided into 8,40,00,000 (Eight Crore Forty Lakhs) Equity Shares of ? 10 (Rupees Ten only) each, by creation of additional 5,40,00,000 (Five Crore Forty Lakhs) Equity Shares of face value of ? 10 (Rupees Ten only) each and consequential alteration to the Capital Clause of the Memorandum of Association; Sub-division of 1 (One) Equity share of face value of ?10 (Rupees Ten only) each fully paid-up to 10 (Ten) Equity shares of the face value of ? 1 (Rupee One only) each fully paid-up. Details as per the SEBI circular is enclosed as Annexure I; Considered and approved consequential amendment to the capital clause of the Memorandum of Association of Company; Bonus Issue of Equity Shares in the ratio of 2:1, 2 Equity Shares of ? 1 each for every 1 Equity Share of ? 1 each held by the shareholders of the Company as on the Record Date (to be determined by the Board and will be intimated to the exchange), subject to the approval of members of the Company by Extraordinary General Meeting.
The above information is a part of company’s filings submitted to BSE.
