Stock News

Mold-Tek Technologies members increases authorised share capital

Mold-Tek Technologies Ltd members have re-appointment Subhash Chandra Bose and P Shyam Sunder as directors of the company, liable to retire by rotation.

The board has increased authorised share capital of the company from Rs 11 crore to Rs 12 crore by creation of 10 lakh equity shares of Rs 10 each, ranking pari passu with the existing equity shares of the company and consequential amendment in memorandum of association of the company.

Shares of Mold-Tek Technologies were last traded on BSE at Rs 46.70, up by 3.66 per cent.

 

Ansal Housing members approve issue of securities

Ansal Housing & Construction Ltd members have approved borrowing power of Rs 100 crore to Rs 300 crore.

The board has issued 10 lakh warrants with the option to convert one warrant into one fully paid-up equity share to Beach Financial Services Pvt Ltd in accordance with the provisions of SEBI (DIP) Guidelines, 2000.

The board also issues Foreign Currency Convertible Bonds (FCCBs), American Depository Receipts (ADRs) and Global Depository Receipts (GDRs) upto $ 25 Million.

Binny Ltd`s board allots 30 crore cumulative redeemable preference shares

Binny Ltd`s board of director has issued and allotted 30 crore cumulative redeemable preference shares of the Rs 5 each fully paid up towards the unsecured loan brought in by the promoters of the company.

 

Rico Auto members approve 100% dividend

Rico Auto Industries Ltd members have approved interim dividend of 100 per cent as final dividend on equity shares for the financial year 2004-05.

The members have re-appointed Kanwal Monga, Amarjit Chopra and John T Sheffler as directors of the company.

Shares of  Rico Auto were last traded on BSE at Rs 93.55, down by 2.20 per cent.

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