Geojit Financial seeks EGM approval for increase in authorised share capital

Geojit Financial Services Ltd has announced that the Board of Directors of the Company has decided to convene an Extra Ordinary General Meeting of the Members of the Company on January 29, 2007, to seek the approval of Members for an amendment to the Memorandum and Articles of Association of the Company to increase the Authorised Equity Share Capital of the Company from Rs 20 Crores to Rs 25 Crores by canceling the unissued Preference Share Capital of Rs 5 Crores.

Source : Equity Bulls

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