Control Print Ltd approves increase in authorized share capital to Rs. 20 crores

The Board of Directors of Control Print Ltd at its meeting held on October 31, 2015, has considered and approved the increase in the Authorized Share Capital of the Company to Rs. 20,00,00,000 (Rupees Twenty Crore only) divided into 2,00,00,000 (Two Crore) Equity Shares of Rs. 10/each from Rs. 15,00,00,000 (Rupees Fifteen Crore Only)

The Board approved the amendment of Memorandum of Association of the Company pursuant to increase in Authorized Share Capital of the Company.

The Board also approved the Draft Notice of Postal Ballot for seeking shareholder's approval to increase the Authorized Share Capital of the Company.

Shares of CONTROL PRINT LTD. was last trading in BSE at Rs.399.9 as compared to the previous close of Rs. 380.8. The total number of shares traded during the day was 33110 in over 692 trades.

The stock hit an intraday high of Rs. 419 and intraday low of 388.1. The net turnover during the day was Rs. 13242152.

Source : Equity Bulls

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