May 11, 2010

IVRCL Assets & Holdings to increase authorised share capital

The members of IVRCL Assets & Holdings have accorded to increase the authorised share capital of the company from Rs. 160.80 crore to Rs. 270 crore.The members have accorded to issue bonus shares in the ratio of one equity share for every two shares held.Further, the board has accorded to increase the borrowing powers of the company from Rs.1000 crore to Rs. 2500 crore.

Source :www.biginfotech.in

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