Goldline International Finvest Ltd share Price

Gold Line Infrastructure Finvest Limited was incorporated in New Delhi as `Good-Enough Securities Limited` on 9th September 1992 under the provisions of Companies Act, 1956 vide certificate of incorporation issued by Registrar of Companies, NCT of Delhi & Haryana. The main business of company is basically investments, selling, buying, acquiring and holding of shares, debentures, bonds, stock, units, etc. providing various services i.e. advancing loan against listed shares, securities and properties, margin funding, corporate loans, personal loans, trading in shares & securities, trade financing & bills discounting etc. The name of the Company was subsequently changed to ` Gold Line Infrastructure Finvest Limited` vide Fresh Certificate of Incorporation dated 10th November, 1995 issued by the Registrar of Companies, NCT of Delhi & Haryana. During the period 2014-15, the Company changed its Registered Office from G-6, Ground Floor, House No.4346, Gali No. 4-C, Ansari Road, Darya Ganj, New Delhi - 110002 to Flat No. 116, First Floor, Hemkunt Chamber, 89, Nehru Place, New Delhi - 110 019 w.e.f. 05 February 2015. The Board of Directors in its meeting held on 02 September 2016 approved the sub division of face value of equity shares from Rs. 10/- per share to Rs. 1/- per share and recommend the same for approval of shareholders in their 24th Annual General Meeting of the company. During the year 2015-16, the Board of Directors of the company decided to expand business operations of the Company in some other fields and altered the Memorandum of Associations to add some new business activities. Further, the company altered the existing Articles of Association of the Company to be in line with the provisions of Companies, Act, 2013. During the year 2015-16, the Company decided to expand the business operations of the Company in some other fields and add some new business activities. BSE Limited pursuant to notice no. 20151218-28 dated December 18, 2015 and notice no. 20151221-2 dated December 21, 2015, suspends the trading in securities of the company with effect from December 24, 2015 due to some surveillance measures. However, the company had submitted the documents as asked by the BSE Limited in notice no. 20151218-28 dated December 18, 2015 and pursuant to the order of High Court of Delhi, W.P.(C) 12335/2015 & CM Nos. 32775/2015 & 32776/2015, BSE Limited revoke the suspension of trading in security of the company w.e.f February 01, 2016 via Exchange notice no. 20160129-7 dated January 29, 2016. During the year under review 2016-17, The Board of Directors in its meeting held on August 25, 2016, approved sub-division of each equity shares of the Company of face value of Rs.10/- each to face value of Rs.1/- each and consequent alteration in Capital Clause of Memorandum of Association of the Company as per the provisions of Section 61 of Companies Act, 2013, approval of shareholder has been accorded for sub-division of shares and Consequent alteration in Capital clause of Memorandum of Association of the Company in the last Annual General Meeting held on 28 September 2016.