OK Play India Ltd., a leading player engaged in the production of plastic moulded furniture, outdoor play equipment, pointof-purchase products, automotive components and electric vehicles, has announced that its board has approved the sub-divide or split of the equity shares of the company in the ratio of 1:10, i.e. the division of every one equity share of the nominal or face value of `10 each into 10 equity shares of the nominal or face value of `1 each, subject to approval of the shareholders and such authorities as may be required.
Earlier, the company had announced that it, through its recently acquired wholly-owned subsidiary MRH Technologies Private Limited, has entered into an agreement with MANN+HUMMEL Filter Private Limited (MHIN), a subsidiary of the MANN+HUMMEL Group, Germany to act as its sole and exclusive distributor to promote, distribute, supply, install and service its revolutionary new product, the pure air mobile fine dust particle filter roof box, designed to combat the life-threatening, hazardous menace of air pollution.
This story is from the 12 February, 2024 edition of Dalal Street Investment Journal.
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This story is from the 12 February, 2024 edition of Dalal Street Investment Journal.
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