Kalyani Forge Board to consider dividend
Kalyani Forge Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 27, 2005 to discuss and approve Audited Financial Results for the year ended March 31, 2005 and declare dividend for the year. Kalyani Forge members approves creation of mortgage/ hypothecation
Kalyani Forge Ltd has informed BSE that the members have approved the resolution, under Section 293(1)(a) of the Companies Act, 1956, relating to creation of mortgage / hypothecation etc. for borrowings of the Company engaged in the business of manufacture of forgings, by Postal Ballot with requisite majority. Kalyani Forge members to approve mortgage / hypothecation through postal ballot
Kalyani Forge Ltd has informed BSE the Company proposes to seek the approval of the members regarding the following matter through postal ballot : To authorise the Board to mortgage /hypothecating, charging and pledging and/or creating a floating charge and/or also to create liens, charges and all other encumbrances of whatsoever nature on all or any of the Company's current assets or stock in trade and work in process , and whole or substantially...