Aarey Drugs & Pharmaceuticals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 14, 2017, inter alia, have passed the following resolutions:
- Sub-division of equity shares of the Company.
The Board has approved the sub-division of each of the Equity Shares of the Company having a face value of Rs. 10/- (Rupees Ten only) into 10 (Ten) Equity Shares having a face value of Rs. 1/- (Rupee One only) each.
The sub-division of equity shares is subject to approval of shareholders, which will be sought at the ensuing Annual General Meeting, and any other statutory and regulatory approvals.