Brief: Jackson Investments says board approves 1:10 stock split

Jackson Investments

21/10/2015 08:43

Oct 21 (Reuters) - Jackson Investments Ltd  JACK.BO : 
 * Board approves stock split 
 * Stock split in the ratio of 1:10 
 
* Source text: 
 
Jackson Investments Ltd has informed BSE that the Board of Directors of the 
Company at its meeting held on October 21, 2015, have approved the following: 
 
1. Split/Sub-division of Equity Shares of the Company of the face value of Rs. 
10/- (Rs. Ten) each to the face value of Rs. 1/- (Rs. One) each. 
 
2. To alter Capital Clause of Memorandum of Association & Articles of 
Association to give effect of split in face value of Equity Shares. 
 
3. To seek approval of Members by way of Postal Ballot Rules, 2013 for above 
businesses. 
  
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