Western India Shipyard reduces capital

Western India Shipyard Ltd has announced that the Issued and Paid up Equity Share Capital of the Company has come down from Rs 108,54,07,400/- to Rs 21,70,81,480/- equity shares divided into 10,85,40,740 equity shares of the face value of Rs 10/- each fully paid up, pursuant to the order dated June 29, 2007 passed by the Hon'ble High Court of Bombay, Goa Bench at Panaji, Goa on the Company's petition u/s. 100 of the Companies Act, 1956 as part of the share capital restructuring.

Source : Equity Bulls

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