Corporate Announcement
Security Code : 530759    Company : STERTOOLS    
Board approves Sub-Division of Equity SharesDownload PDF
  Exchange Disseminated Time     11/5/2016 5:05:22 PM
Sterling Tools Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 05, 2016, inter alia, has approved the followings:

1. Sub-division of 1 (one) Equity Share of face value of Rs. 10/- each into 5 (Five) Equity Shares of Rs. 2/- each subject to approval by shareholders through postal ballot.

2. To purchase 100% Shareholding of M/s. Haryana Ispat Private Limited under section 186 read with section 188 of the Companies Act, 2013. The said Company has become wholly owned subsidiary of Sterling Tools Limited.


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