Welspun Syntex - Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992
The Exchange has received the following disclosure under Regulation 13 (6) of SEBI (Prohibition of Insider Trading) Regulations, 1992: Name & Address of Director / Officer ....05 Dec 2007Welspun Syntex - Limited Review for the quarter ended Sep 30, 200719:23Welspun Syntex Ltd has informed BSE that in the limited review report of the Company for the quarter ended September 30, 2007, the Auditors of the Company have made the following observations:"Depreciation on impaired assets is not provided with reference to the residual useful life of the assets as per AS-28 on 'Impairment of Assets', resulting in understatement of depreciation and loss thereof, amount unascertained." 23 Nov 2007Welspun Syntex - Outcome of EGM10:49Welspun Syntex Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on November 06, 2007 inter alia, have passed a Special Resolution for reduction of the paid-up share capital of the Company by (i) cancellation of Rs 7.50 of every equity share of Rs 10 each fully paid up: and simultaneously thereafter, consolidating four (4) numbers of fully paid up equity shares of Rs 2.50 each in to one(1) equity...11-01-2008