Board of SE Investments approves stock split
SE Investments Limited has informed that its board of directors at its meeting has approved to split / sub-divide the existing one equity share of the face value of Rs 10 each into 10 equity shares of the face value of Rs 1 each, subject to the approval of its shareholders. During the meeting, the board has appointed Harish Singh as executive director of the company for a period of 5 years. Further, it has also approved for amalgamation of Unnati Financial Services, New Delhi with the company under a scheme of amalgamation, subject to approval of the Scheme of Amalgamation by the Board of Directors of both companies. UP-based SE Investments, engaged in the business of advances, personal loans against stocks, goods equipment, immovable property and other assets and providing Safe Deposit Locker services.