At meeting held on 10 February 2020Sinclairs Hotels announced that the Board of Directors of the Company at its meeting held on 10 February 2020, inter alia, has considered and approved the sub-division of Equity Shares of the Company from 1 (one) Equity Share of face value Rs. 10 each to 5 (five) Equity Shares of face value Rs. 2 each and consequent alteration of Capital Clause (Clause V) of the Memorandum of Association and Share Capital Clause (Article 4) of the Articles of Association.
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