Anil Special to raise Rs 8 Crores

Anil Special Steel Industries Ltd has announced that the Board of Directors of the Company at its meeting held on January 31, 2008, inter alia, has approved the issue of Preferential Shares / Convertible Warrants not exceeding Rs 8 Crores to Promoters / Others subject to the approval of Share Holders and Stock Exchanges and other Statutory authorities if required.

The board has approved the draft Notice for the Extra Ordinary General Meeting and the date for the EGM is proposed on February 15, 2008.

Source : Equity Bulls

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