Network Ltd updates on capital reduction

The board of directors of Network Ltd at its meeting held on 14th June 2017, has issued 49148498 Equity Shares of Rs. 2/- each, fully paid, in lieu of 49148498 Equity Shares of Rs. 10/- each, in terms of Scheme of Reduction of the Share Capital of the company reducing the paid up value of each Equity Share of the company from Rs. 10 per share to Rs. 2 per share, duly approved National Company Law Tribunal, New Delhi.

Source : Equity Bulls

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