Indo Green Projects to issue preference shares

Indo Green Projects Ltd has announced that the Board of Directors of the Company at its meeting held on November 04, 2008, inter alia, has approved the proposal to issue shares after taking approval of members under section 81(1A) of the Companies Act, 1956 for issue of 45,00,000/- (Forty Five Lacs) 10% Non Convertible Cumulative Redeemable Preference Shares of Rs 10/- (Rupees Ten only) each which are liable to be redeem at the expiry of 5 years.

To Convene Extra Ordinary General Meeting schedule to be held on December 05, 2008.

Approval of Notice convening the Extra Ordinary General Meeting.

Source : Equity Bulls

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