Thursday, January 17, 2008

Modern India - Outcome Of EGM

Modern India Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on January 15, 2008, inter alia, have accorded approval for sub-division of the 1,99,00,000 (One Crore Ninety Nine Lacs) Equity Shares of the nominal value of Rs 10/- (Rupees Ten) only each in the Authorised Share Capital of the Company into 9,95,00,000 (Nine Crore Ninety Five Lacs) Equity Shares of Rs 2/- (Rupees Two) only each and consequential amendments in the Memorandum of Association and Articles of Association of the Company relating to Equity Shares be altered accordingly.

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