At meeting held on 23 March 2018
Lumax Auto Technologies announced that the Board of Directors of the company at its meeting held on 23 March 2018 has approved the following -1. Sub - division (Split) of Equity Shares of the Company from Rs. 10/- per share to Rs. 2/- per share subject to approval of members of the Company.
2. Alteration of 'Clause - V' i.e. Capital Clause of the Memorandum of Association of the Company subject to approval of the members of the Company.
3. Alteration of 'Article 4 (a)' i.e. Share Capital in Articles of Association of the Company subject to approval of the members of the Company.
4. Decided to seek the approval of members; through Postal Ballot Process for the above said matters and appointment of Scrutinizer for the same.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app