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              Binayak Tex Processors Ltd has announced that a meeting of the Board of Directors of the Company will be held on July 21, 2007, inter alia, to consider, allotment of 1,80,000 Equity Shares of Rs 10 each at a premium of Rs 140 per share to the specified individuals as approved by the members in Extra Ordinary General Meeting held on November 28, 2006.