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Board of Amalgamated Electricity Company approves proposal for sub-division of shares

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Amalgamated Electricity Company announced that the Board of Directors of the Company at its meeting held on 09 August 2019, inter alia, has considered and approved the proposal of sub division of equity shares of the Company from the existing face value of Rs. 10/- per equity shares to face value of Rs. 5/- per equity shares as per section 61 (10 (d) of the companies Act, 2013, subject to the approval of the shareholders

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, August 09 2019. 19:13 IST