Kaashyap Technologies Board to discuss Court approval for capital reduction

Kaashyap Technologies Ltd has announced that a meeting of the Board of Directors of the Company will be held on October 03, 2006, to discuss & decide the following:

1. To give effect to the Present Equity Capital of the Company as per the Court Order regarding the approval given by the Hon’ble High Court of Chennai Judicature for reduction of Capital from Rs 56,32,06,350/- consisting of 5,63,20,635 equity shares of Rs 10/- each into Rs 5,63,20,635 /- consisting of 5,63,20,635 equity shares of Rs 1/- each.

2. To declare the Record Date so as to give effect to the equity shares as per the Court Order regarding the Equity share Capital Reduction.

Source : Equity Bulls

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