Outcome of board meeting of GCM Securities

Held on 28 May 2014

GCM Securities announced that the Board of Directors of the Company at its meeting held on 28 May 2014, inter alia, has transacted the following business:

1. Sub-division in Face Value of Equity Shares of the Company having Face Value of Rs. 10/- each into Rs. 1/- each fully paid-up, subject to the approval of Shareholders in Annual General Meeting of the Company.

2. Approval of alteration of Capital Clause of Memorandum of Association & Articles of Association to give effect of split in face value of Equity Shares, subject to the approval of Shareholders in Annual General Meeting of the Company.

 

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