Oasis Securities Ltd has informed that the Board of Directors of the Company at its meeting held on November 11, 2008, inter alia, has been decided to pass a resolution by the shareholders of the Company through postal ballot under Section 293 (1) (a) of the Companies Act, 1956 to sell, assign and transfer the Companys undertaking comprising of Broking - the Trading Membership of National Stock Exchange Ltd (NSE) and Depository Business - being a Depository Participant of National Securities Depository Ltd (NSDL).
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