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AVT Natural board approves interim dividend & stock split-news17032012

Tuesday, March 27, 2012

AVT Natural Products said that the board of directors of the company at its meeting held on today has approved the following;


An interim dividend of (50%) (Rs5 per equity share) amounting to Rs380.71 lakh, was declared for the financial year 2011-12.

Sub-division of Company’s Authorised equity capital of 79,90,000 equity shares of Rs10 each into 7,99,00,000 equity shares of Rs1 each and Sub division of Company’s 'issued, subscribed and paid up' equity capital of 76,14,200 equity shares of Rs10 each into 7,61,42,000 equity shares of Rs1 each.

Consequent to the sub-division of Equity Shares, amendment of Capital Clause of Memorandum of Association and Articles of Association of the Company.

Conduct of Postal Ballot for sub-division of equity shares and the consequent amendment of Memorandum of Association and Articles of Association of the Company.
....more info



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