BMB Music to forfeit 98200 shares

BMB Music & Magnetics Ltd has announced that the Board of Directors of the Company at its meeting held on April 29, 2009, inter alia, considered and decided to forfeit 98200 Partly Paid-up Equity Shares of Rs 10/- each issued at a premium of Rs 25/- each as the Partly Paid-up Shareholders holding the said shares have not paid unpaid call money in spite of Final Call Notice sent to them and publication thereof in the news paper. The Board also decided to send individual Notices to the Partly Paid-up Shareholders whose shares have not been forfeited.

Source : Equity Bulls

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