Anil Special EGM approves issue of shares

Anil Special Steel Industries Ltd has announced that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 10, 2008, inter alia, have accorded the Board to create, issue / offer and allot up to maximum of, 1945300 equity shares of Rs 10/- each to the Promoters / Non Promoters at a premium of Rs 19.25 (Rupees Nineteen and Paisa Twenty Five Only) per share aggregating to Rs 29.25 per share (Rupees Twenty Nine and paisa Twenty five only), on preferential basis to the extent and in one or more tranches and in the manner as may be decided by the Board in this behalf, subject to necessary provisions & approvals.

Source : Equity Bulls

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