VIP Industries to consider sub-division of equity shares

VIP Industries has informed that the board of directors of the company at its meeting held on August 10, 2011, has proposed, subject to the approval of members at the ensuing Annual General Meeting scheduled to be held on September 29, 2011, sub-division of each and every equity share of the company of the face value of Rs 10 (rupees ten) each fully paid up into 5 (five) equity shares of the face value of Rs 2 (rupees two) each fully paid up.

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