Tanu Healthcare Ltd has announced that the Board of Directors of the Company at its meeting held on January 11, 2008, inter alia, has considered and approved a preferential issue as per SEBI Norms and decided to keep the size of the preferential issue to the tune of Rs 10 crores.
The Board decided to hold the EGM of Shareholders on February 14th for the purpose of taking the approval of Shareholders for the change of name in the Company to "Socrus Bio Sciences Ltd" and "also approval for preferential issue".