Board of Oriental Aromatics approves sub-division of shares and bonus issue

At meeting held on 26 October 2018

The board of Oriental Aromatics has approved the following -

a. Sub-division of equity shares of face value of Rs. 10/- each into equity shares of face value of Rs. 5/- each; and

b. Issue of 1 (one) fully paid bonus equity share of the face value of Rs. 5/- each for 1 (one) equity share of the face value of Rs. 5/- each (i.e. as adjusted for sub-division of shares);

c. Increase in Authorised share capital of the Company from Rs. 14,00,00,000/- (Rupees Fourteen Crores only) divided into 1,40,00,000 Equity shares of Rs. 10/- each to Rs. 35,00,00,000/- (Rupees Thirty Five Crores only) divided into 7,00,00,000 Equity shares of Rs. 5/- each and amendment of clause V of the Memorandum of Association for this purpose.

 

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