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The board of directors of Gayatri Projects Ltd, at a meeting held on Monday (December 26, 2016), has approved sub-division of nominal value of the company's equity shares of Rs 10 each to Rs 2 per share.
During the board meeting, apart from sub-division of shares, the alteration of Capital Clause in Memorandum of Association of the company was approved.
The board nod is subject to the approval of the members to be sought by way of voting through postal ballot process, the company informed the BSE.
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