Today 10th May 2011, the SMB Leasing PLC announced the Board of Directors Resolve to reduce Stated Capital by Rs.628,674,913
|Ordinary Voting shares||826,486,514|
|Non Voting shares||560,000,000|
|Total Stated Capital before Reduction||Rs.1, 146,950,296.00|
|New Stated Capital||Rs. 518, 275,383.00|
The Adjustment will be written off the Brought Forward loss of the Company as at 31st December 2010.