Radico Khaitan EGM approves increase in share capital

Radico Khaitan Ltd has announced that the members at the Extra Ordinary General Meeting (EGM) of the Company held on August 10, 2006, has also accorded to increase in the Authorised share capital of Company of Rs 35,00,00,000 consisting of 17,00,00,000 equity shares of Rs 2/- each and 1,00,000 15% Cumulative Redeemable Preference Shares of Rs 100/- each to Rs 94,00,00,000 consisting of 17,00,00,000 Equity Shares of Rs 2/- each and 60,00,000 Preference Shares of Rs 100/- each, by cancellation of 1,00,000 15% Cumulative Redeemable Preference Share of Rs 100/- each and creation of 60,00,000 Preference Shares of Rs 100/- each and consequential amendments in the Memorandum & Articles of Association of the Company.

Source : Equity Bulls

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