Board of Gayatri Projects approves sub-division of equity shares

At meeting held on 26 December 2016

Gayatri Projects announced that in the meeting of the Board of Directors of the Company held on 26 December 2016, the following items of business were, inter-alia, transacted and approved, subject to the approval of the members to be sought by way of voting through postal ballot process:

1. Sub-division of Nominal Value of equity shares of Rs. 10/- per share to Rs. 2/- per share.

2. Alteration of Capital Clause in Memorandum of Association of the Company.

3. Postal ballot notice for seeking the approval of the members for the above items.

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