Dear Seniors,
Plaese guide me on the news Item posted for HMT on BSE
Increase in the Authorised Share Capital of the Company from Rs 500 crore made up of 50,00,00,000 equity shares of Rs 10/- each to Rs 600 crore made up of 60,00,00,000 equity shares of Rs 10/- each by the creation of 10,00,00,000 equity shares of Rs 10/- each which shall rank pari passu with the existing Equity Shares and consequential amendments in the Memorandum and Articles of Association of the Company.
What will the effects of this on the financials of the Compay
Thanks
Rajeev
Plaese guide me on the news Item posted for HMT on BSE
Increase in the Authorised Share Capital of the Company from Rs 500 crore made up of 50,00,00,000 equity shares of Rs 10/- each to Rs 600 crore made up of 60,00,00,000 equity shares of Rs 10/- each by the creation of 10,00,00,000 equity shares of Rs 10/- each which shall rank pari passu with the existing Equity Shares and consequential amendments in the Memorandum and Articles of Association of the Company.
What will the effects of this on the financials of the Compay
Thanks
Rajeev