Outcome of Board Meeting
Hindustan Motors Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 08, 2010, has pursuant to the provisions of Sections 78 and 100 to 103 of the Companies Act, 1956 proposed writing off the entirety of the Securities Premium Account of Rs. 3,17,27,232/- (Rupees Three crore Seventeen lakhs twenty seven thousand two hundred thirty two) as on March 31, 2010 and reduction of the paid up share capital of the... Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992
Hindustan Motors Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE Outcome of EGM
Hindustan Motors Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company was held on August 10, 2010, inter alia, have accorded to the following :- Erosion of more than fifty percent of the Company's net worth as at the end of the financial year ended March 31, 2010, in relation to its peak net worth during the immediately preceding four financial years, be and is hereby considered in accordance with the provisions...