The board of FCS Software Solutions in its meeting on 18 January 2010 has recommended issue of bonus shares in the ratio of one new fully paid equity shares for every one existing equity shares.
The board has decided to increase the authorised share capital of the company from Rs. 40 crore to Rs. 60 crore, subject to the approval of the shareholders.
Further, the board has approved the issuance of upto 1 crore options under the proposed Employees Stock Options Plans, 2010, subject to the approval of the shareholders.
Source :www.biginfotech.in
The board has decided to increase the authorised share capital of the company from Rs. 40 crore to Rs. 60 crore, subject to the approval of the shareholders.
Further, the board has approved the issuance of upto 1 crore options under the proposed Employees Stock Options Plans, 2010, subject to the approval of the shareholders.
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