ELF Trading & Chemicals Manufacturing Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 27, 2008 to August 29, 2008 (both days inclusive) for the purpose of payment of dividend & Annual General Meeting (AGM) of the Company to be held on August 29, 2008.
ELF Trading & Chemicals Manufacturing Ltd has informed BSE regarding the members at the Extra Ordinary General Meeting (EGM) of the Company held on June 06, 2008, inter alia, have also accorded the following resolutions:
1. Alteration of Memorandum and Articles of Associaton
2. Alteration of the Artiles of Association
3. Issue of Bonus Shares.
ELF Trading & Chemicals Manufacturing Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 12, 2008, has considered and approved the record date for issue of bonus shares to all categories of shareholders, excluding the promoter group in the ratio of 3 shares for every 1 shares held by them on July 04, 2008.
ELF Trading & Chemicals Manufacturing Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on June 06, 2008, inter alia, to transact the following business:
1. To increase the existing Authorised Share Capital of the Company of Rs 15,00,000/- (Rupees Fifteen Lacs only) divided into 1,50,000/- (One Lac Fifty Thousand) Equity Shares of Rs 10/- (Rupees Ten) each to Rs 25,00,000/- (Rupees Twenty Five Lacs Only) divided into 2,00,000 (Two Lacs) Equity Shares of Rs 10/- (Rupees Ten) each and 50,000 (Fifty Thousand) Unclassified Shares of Rs 10/- (Rupees Ten) each, by the creation of additional 50,000 (Fifty Thousand) Equity Shares and 50,000 (Fifty Thousand) Unclassified Shares of Rs 10/- (Rupees Ten) each and consequential amendments in the Memorandum & Articles of Association of the Company.
2. Pursuant to the applicable provisions of the Companies Act, 1956, Article 139 of Articles of Association of the Company, and other applicable guidelines / regulations / approvals of the appropriate authority, as may be necessary, and subject to the Articles of Association of the Company being amended as per the resolution at item no. 2 of this notice as also the intimation received from the Members specified as promoters to waive their entitlement to Bonus Shares, the Company do issue and allot 37,200 Equity Shares of Rs 10/- (Rupees Ten only) each aggregating to Rs 3,72,000 (Rupees Three Lacs Seventy Two Thousand Only) as Bonus Shares credited as fully paid-up, by capitalization of the sum standing to the credit of General Reserves Account to the credit of the members, save and except promoters of the Company, holding Equity Shares of Rs 10/- (Rupees Ten only) each of the Company on such date as may be fixed by the Board of Directors of the Company for this purpose, in the ratio of 3 (three) new fully paid Equity Shares of Rs 10/- (Rupees Ten only) each for every 1 (one) Equity Share of Rs 10/- (Rupees Ten only) held as on such date as may be determined by the Board of Directors of the Company, subject to necessary provisions & approvals.
ELF Trading & Chemicals Manufacturing Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 02, 2008, has considered and approved the proposal for issue of bonus shares to all categories of shareholders, excluding the promoter group in the ratio of 3 shares for every 1 shares held by them as on the Book closure date as may be determined by the Board of Directors, subject to necessary provisions and approvals.
ELF Trading & Chemicals Manufacturing Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 02, 2008, inter alia, may consider a proposal for issue of Bonus Shares.
The Board of Directors may also consider waiving the entitlement for the aforesaid issue of bonus shares by the “promoter Group” in accordance with Companies Act, 1956, and all other applicable provisions, if any.
ELF Trading & Chemicals Manufacturing Ltd has informed BSE that the Company will publish the Audited Financial Results within three months of the completion of the financial year ended March 31, 2008 i.e. before June 30, 2008.
Accordingly, the unaudited Quarterly Financial Results for the quarter ended March 31, 2008 is not published.