This Article is From Nov 23, 2011

eClerx Services Limited - Bonus

Eclerx Services Limited has informed the Exchange vide its letter dated June 07, 2010 that the Board of Directors of the Company via Circular Resolution, today accorded its approval, inter-alia, the following : (1) Increase in Authorised Share Capital of the Company from existing Rs.30 Crores to Rs.50 Crores and consequent amendments to the Memorandum and Articles of Association of the Company. (2) Recommendation for issue of Bonus Shares in the ratio of 1 (One) Bonus equity share of Rs.10/- each for every 2 (Two) existing fully paid up equity shares of Rs.10/- each held in the Company. The approval of Shareholders for the aforesaid items will be obtained through Postal Ballot.