Thursday, February 7, 2008

Crazy Infotech - Outcome Of EGM

Crazy Infotech Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on February 06, 2008, inter alia, have decided and approved the following:

1. To subdivide the face value of 1 Equity shares of Rs 10/- each to 10 Equity share of Re 1/- each.

2. To increase in authorised capital from Rs 10 crores to Rs 12 crores.

3. To issue GDR / ADR / FCCB and other instruments not exceeding US $ 50 Million subject to approval from other authorities.

1 comment:

Anonymous said...

Is there any chance of rise in Share price of Crazy Infotech...after this board meeting