Bhatinda Chemicals Ltd has announced that a meeting of the Board of Directors of the Company will be held on January 14, 2008, inter alia, to consider and to approve the issuance of Equity Shares / Warrants to any group of Investors on Preferential Allotment basis in accordance with the Guidelines for preferential basis contained in Chapter XIII of the Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines.