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Gayatri Projects Ltd has informed BSE that the meeting of the Board of Directors of the company is scheduled to be held on December 26 to consider and approve the sub-division of the nominal value of the equity shares of Rs 10 per share to Rs 2 per share.
The Board will also consider Alteration of Memorandum and Articles of Association of the company to reflect the same in line with the provisions of the Companies Act, 2013.
The Hyderabad-based company through earlier announcements on October 4, 2016 and October 5, 2016 had informed about the proposed move to pave way for the sub- division of equity shares of the company.
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