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Grandma Trading & Agencies approves increase in authorized capital

13 Dec 2011 Evaluate

Grandma Trading & Agencies has informed that the Shareholders at the Extra Ordinary General Meeting (EGM) of the company held on December 12, 2011, inter alia, has approved increase in authorized capital of company from existing Rs. 15,00,000 divided into Rs. 1,50,000 equity shares of Rs.10 each to Rs. 16,00,00,000 divided into 1,60,00,000 equity shares of Rs. 10 each and issue and allotment of 1,50,00,000 equity shares of Rs.10 each on preferential basis to other than promoters.

The above information is part of the company’s filing submitted to the BSE.   

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