Brief: Oasis Tradelink recommends bonus issue in 1:3 ratio

Oasis Tradelink

15/07/2016 07:51

July 15 (Reuters) - Oasis Tradelink Ltd  OASS.BO : 
 * Considered the issue of bonus shares to the holders of equity shares in 
   proposition to 1:3 
 
 * Source text: Oasis Tradelink Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 15, 2016, inter alia, has transacted the following business:  
1. Increase authorized share capital of the company from existing Rs. 8,25,00,000 to Rs. 10,90,00,000.  
2. Alteration in capital clause of Memorandum of Association of Company.  
3. Considered the issue of Bonus Shares to the holders of Equity shares in proposition to 1 (One) fully paid Equity shares for every 3 (Three) fully paid Equity share held by them as on record date.  
4. Accepted the resignation of M/s. Rakshit M. Shah & Co. as a Statutory Auditor of the Company.  
5. Accepted the appointment of M/s. Jignesh Satapara & Co. as Statutory Auditor of the Company.  
6. To hold Extra Ordinary General meeting as on August 10, 2016 and send notice thereof. 
 
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