Mahalaxmi Rubtech AGM approves 5% dividend, increase authorised share capital

Mahalaxmi Rubtech Ltd has announced that the members at the 15th Annual General Meeting (AGM) of the Company held on September 29, 2006, inter alia, have approved the declaration of dividend @ 5% (0.50 per Share) on the paid up share capital of the Company.

Increase in Authorised share Capital of the Company from Rs 5,00,00,000/- to Rs 15,00,00,000/-, and consequential amendment in Memorandum & Articles of Association of the Company.

Source : Equity Bulls

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