Likhitha Infrastructure Ltd board approves stock split

The Board of directors of Likhitha Infrastructure Ltd considered the proposal for sub-division of 1(One) Equity Share of the Company having a face value of Rs. 10/- (Rupees Ten Only) each into 2(Two) Equity Shares having a face value of Rs. 5/- (Rupees Five Only) each, subject to regulatory / statutory approvals as may be required and the approval of the shareholders of the Company.

Further, the Board recommended consequential amendments in the Capital Clause of the Memorandum of Association of the Company and Articles of Association of the Company, subject to the approval of the Shareholders of the Company. The board will decide the record date for the sub-division of equity shares and will announce in due course.

Source : Equity Bulls

Keywords

LikhithaInfrastructure SubDivision StockSplit