Som Distilleries to consider raising funds on Jul 31, 2008

Som Distilleries & Breweries Ltd has announced that a meeting of the Board of Directors of the Company will be held on July 31, 2008, inter alia, to consider, review and approve to increase of Authorized Share Capital of the Company.

To raise funds through issue of equity shares / equity linked securities / convertible bonds / convertible debentures / depository receipts / warrants on preferential allotment basis to Promoters / non-Promoters.

To convene an Extraordinary General Meeting of the members of the Company for aforesaid purpose.

To consider unaudited financial statements of accounts for the quarter ended June 30, 2008.

Source : Equity Bulls

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