Core Projects Board to consider stock split

Core Projects & Technologies Ltd has announced that a meeting of the Board of Directors of the Company will be held on February 22, 2007, interalia, to consider the following business:

1. To allot shares against the conversion of FCCBs and Warrants issued under preferential allotment.

2. To consider shifting of registered office from Andheri, to Navi Mumbai.

3. To consider issuing Employees Stock Options.

4. To consider sub-dividing the face value of shares from Rs 10 per equity share to Rs 2 per equity share.

5. To approve the postal ballot notice and the explanatory statement in respect of the above items to be circulated to the members.

Source : Equity Bulls

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