Gold Rock Investments Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on September 06, 2010, inter alia, to consider the following items :
1. To approve final accounts of F/Y ended as on March 31, 2010 along with the, profit and loss a/c together with Director's Report etc.
2. To consider a proposal for issuing free bonus shares to all categories of shareholders, excluding the promoters and promoter group, which will result in long term value addition to the Interest of public shareholders and reduction of the Promoters holding in the Company. The proposal will result in dilution of the promoter group's shareholding in the Company, which they have indicated they will accept in the broader interest of enhancing value for Institutional and retail investors.
3. To approve the Alteration in Clause 133 of the Articles of Association of the Company enabling the shareholders to waive off their entitlement to receive any such allotment. |