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Sarthak Industries Issues Equity Shares (08-Dec-2011)

Indian-Commodity  :  Equity  :  Sarthak Industries Issues Equity Shares
Sarthak Industries Issues Equity Shares
The board of Sarthak Industries in its meeting on 05 December 2011 has issued 140 fully paid up equity shares of Rs 10 each of Sarthak Industries for every 1 fully paid up equity share of Rs. 10 each held by the equity shareholders of Gloryshine Property Developers Pvt Ltd, pursuant to the scheme of amalgamation of Gloryshine Property Developers Pvt Ltd with Sarthak Industries.

Post such corporate actions, the paid-up share capital of the company is Rs 6.97 crore divided in 69,68,850 equity shares of Rs 10 each fully paid up.
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