At meeting held on 25 June 2021
The Board of Orient Refractories at its meeting held on 25 June 2021 has approved the allotment of 4,08,57,131 equity shares pursuant to scheme of amalgamation between RHI India Private Limited, RHI Clasil Private Limited and the Company.In accordance with the Scheme and pursuant to its effectiveness, the authorised capital of the Company shall stand increased from Rs. 12,05,00,000 divided into 12,05,00,000 equity shares of Re. 1 each to Rs. 30,80,00,000 divided into 30,80,00,000 equity shares of Re. 1 each.
Post the above allotment, the paid]up equity capital of the Company would stand at Rs. 160,996,331 consisting of 160,996,331 equity shares of Re. 1 each.
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