Aryavan Enterprise: Board approves Sub-Division of Equity Shares (Calendar of Events for postal ballot)

Deepti Alloy Steel Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 09, 2016, which commenced at 4.00 P.M. and concluded at 6.03 P.M. inter alia, has considered to pass the resolutions through Postal Ballot:

1. Change/alteration of Main object of the Company,

2. Change of Registered office of the Company from Valsad (Gujarat) to Ahmedabad (Gujarat},

3. Sub-division of Equity Shares of the Company from Rs. 10/- per share to Rupee 1/- per share and consequently alteration in Clause V of Memorandum of Association of the Company,

Further the Board of Directors has:

1. Recommended appointment of M/s. Marmik G. Shah & Associates, Chartered Accountants, Ahmedabad as the Statutory Auditors of the Company.