Sri KPR Industries: Outcome of board meeting

Aug 05, 2013, 04.15 PM IST

Sri KPR Industries at its meeting held on July 30, 2013, has transacted the allotment of 1,44,92,395 shares to the members of M/s. Sri Venkateswara Pipes Limited.

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Sri KPR Industries: Outcome of board meeting

Sri KPR Industries at its meeting held on July 30, 2013, has transacted the allotment of 1,44,92,395 shares to the members of M/s. Sri Venkateswara Pipes Limited.

Like this story, share it with millions of investors on M3

Sri KPR Industries: Outcome of board meeting

Sri KPR Industries at its meeting held on July 30, 2013, has transacted the allotment of 1,44,92,395 shares to the members of M/s. Sri Venkateswara Pipes Limited.

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Sri KPR Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 30, 2013, has transacted the following business:1. Allotment of 1,44,92,395 shares to the members of M/s. Sri Venkateswara Pipes Limited.2. Approval of draft notice and procedure for conducting Postal Ballot for the following items:a. Alteration of main objects clause of the Memorandum of Association of the Company.b. Approval under section 293(1) (a) of the Companies Act 1956.c. Approval under section 293(1) (d) of the Companies Act 1956.d. Approval under section 372A of the Companies Act 1956.e. To reconstitute the Board and to fix their remuneration in view of merger.Source : BSE

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