Hi,
Craxy Infotech's shares was splited..just go thorugh
bwlow mentioned details which is also available on
bseindia.com
Crazy Infotech Ltd has informed BSE that the Board of
Directors of the Company at its meeting held on
January 07, 2008 has decided to convene an Extra
Ordinary General Meeting of the Shareholders to be
held on February 06, 2008 for the purpose of obtaining
the approval of shareholders in the following matters,
and has approved the notice to be sent to the
Shareholders containing the agenda and the explanatory
statement:
1. Approval under Section 81 (1A) and other applicable
provisions, if any, of the Companies Act, 1956 and
subject to such other approvals / consents as may be
required from such authorities, to further issue of
shares by International Offerings through a public
issue of convertible securities / ADRs / GDRs and
FCCBs convertible into Equity Shares of the Company
upto US$ 50 Million (Indian Rupees 200 Crores).
2. Increase of the Authorized Share Capital of the
Company from Rs 10 crores to Rs 12 crores.
3. Splitting of the Equity shares of the Company from
the present Face Value of Rs 10/- into Face of Value
of Re 1/-.
4. Alteration of the Clause V (Capital Cause) of the
Memorandum of Association of the Company and Articles
No. 8A of the Articles of Association of the Company
to incorporate of the aforesaid changes.
Further the Company has informed that, the Board has
also approved the Shifting of the Registered office of
the Company within the City Limits from the present to
304, Bal Ashram Rajiv Gandhi Complex, Kutchery Chowk,
Raipur (C.G) w.e.f. January 07, 2008.
Thanks & Regards
Nitesh Kava
--- randheersing th <randheersing@
> Dear members,
>
> I think the most beaten share is
> CRAZY INFOTECH(524388) the stock reached 270 on
> 1st January 2008, Today it closed at 49.25. Lost
> more than 80% from its high nearly 40 Days.
>
> We are not recommending this share a BUY/SELL.
>
> Happy Trading
> Neeraj M S
>
>
>
> ------------
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