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Eicher to consider reorganization of capital Back
(10 Sep 2004)
Eicher to consider reorganization of capital To Rs 11.14 crore, divided into 1,11,41,624 equity shares of Rs 10 each fully paid Eicher's board of directors will meet on 16 September 2004 to consider the reorganization of share capital to Rs 11.14 crore divided into 1,11,41,624 equity shares of Rs 10 each fully paid, consequent to the scheme of arrangements duly approved by the Delhi and Madhya Pradesh High Court. Eicher Motors to consider issue and allotment of sharesTo Eicher's shareholders, in the ratio of 2 shares for every 5 shares held in Eicher Eicher Motors' board of directors will meet on 16 September 2004 to inter alia consider the issue and allotment of 80,94,750 equity shares of Rs 10 each as fully paid-up in the ratio of 2 equity shares of Rs 10 each for every 5 equity shares of Rs 10 each held in Eicher.