07:16 PM, 1st Apr 2013
Ram Informatics Ltd has informed BSE that the Company has fixed April 12, 2013 as the Record Date for the purpose of:<BR><BR>1. The share capital of the Company will be reduced by 90% and subsequently the share capital of the Company will be consolidated, whereby the Paid up Share Capital of Rs. 11,24,14,000 divided into 1,12,41,400 equity shares of Rs. 10 each stand reduced to Rs. 1,12,41,400 divided into 11,24,140 equity shares of Rs. 10/- each .<BR><BR>2. Conversion of unsecured loan amounts to the tune of Rs. 2,65,65,000 into equity by allotting 26,56,500 Equity Shares of Rs. 10/- each.<BR><BR>3. Further Issue and allotment of 25,00,000 Equity Shares of Rs. 10/- each.