Krishna Lifestyle to consider change in company's objects to commence retail business

Krishna Lifestyle Technologies Ltd has announced that a meeting of the Board of Directors of the Company will be held on April 24, 2007, inter alia, to consider and approve Audited Financial Results of the Company for the year ended March 31, 2007 and subject to consent of the Members to be obtained through postal ballot as required under section 192A of the Companies Act, 1956 and to consider and approve the amendment in the object clause of the Memorandum and Articles of Association of the Company by addition of new object clause and for commencement of retail business.

The stock closed the day at Rs.1.48, down by Re.0.02 or 1.33%. The stock hit an intraday high of Rs.1.57 and low of Rs.1.43. The total traded quantity was 368455 compared to 2 week average of 330928.

Source : Equity Bulls

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