Is my portfolio
One Report to Answer all your Questions!
Action Financial Services India board to consider annual accounts
Date: 21-06-2012Action Financial Services India has informed that a meeting of the board of directors of the company will be held on June 28, 2012, to consider the annual accounts for the year ended March 31, 2012 together with the directors and auditor’s report thereon.
The board accepted resignation of Nirav K. Sanghavi and appointed Harbhajan Singh Dhillon as an additional independent director and will consider, subject to the approval of members, increase the authorized capital of the company and consequential amendment of capital clause of memorandum and articles of association, of the company.
Further, the board will consider the issue of equity share and the share warrants convertible into equity shares on preferential basis to promoters and outsiders, in accordance with the prevailing guidelines and subject to the approval of members and other appropriate authorities.
The above information is a part of company's filings submitted to BSE.