Kalyani Steels EGM to discuss preferential allotment at Rs.315

Kalyani Steels Ltd has announced that an Extra - Ordinary General Meeting (EGM) of the members of the Company will be held on November 14, 2006, inter alia, to transact the following:

1. To create, offer, issue and allot upto 16,00,000 Equity shares of Rs 10/- each fully paid up by way of Preferential Allotment at a price of Rs 315/- per equity share aggregating to Rs 504,000,000/- to AMIF I Ltd, a company incorporated under the laws of Mauritius, subject to provisions and approvals.

2. To keep the Register and the Index of members, the Register and Index of Debenture holders, other related books and copies of Annual Returns prepared under section 159 and 160 of the Act together with the copies of Certificates and documents required to be annexed thereto under section 160 and 161 of the Companies Act, 1956, at the office of the Registrar and Transfer Agent viz., Intime Spectrum Registry Ltd.

Source : Equity Bulls

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