MSK Projects Board Meeting on Oct 20, 2007 to consider allotment of securities

MSK Projects India Ltd has announced that a meeting of the Board of Directors of the Company will be held on October 20, 2007, inter alia, to transact the following:

1. To enter into Shareholders Agreement with M/s. Subhkam Holding Pvt Ltd for shares to be allotted to it by way of preferential allotment.

2. To allot 44,50,000 Equity Shares of Rs 10 each on preferential basis.

3. To allot 18,83,015 Equity Shares of Rs 10 each upon conversion of US $ 4,000,000 FCCBs to the holder of FCCBs.

Source : Equity Bulls

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