At meeting held on 16 May 2016
Solar Industries India announced that the Board of Directors of the Company at its meeting held on 16 May 2016, inter alia, have considered and approved the following:1. Board has approved the sub-division of shares from one share of face value of Rs. 10/- per share into 5 shares of Rs. 2/- per share and recommended the same for the approval of shareholders by Postal ballot.
2. Board has approved the Alteration in the Capital Clause V of Memorandum of Association of the Company and recommended the same for the approval of shareholders by Postal Ballot.
3. Board has approved the notice and calendar of events for conducting postal ballot.
4. Board has appointed Tushar Pahade to act as a scrutinizer for postal ballot process.
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