Caplin Point calls for EGM to approve increase in share capital

Caplin Point Laboratories Ltd has announced that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on November 27, 2006, inter alia, to Increase the Authorised Share Capital of the Company from Rs 7,00,00,000/- divided into 70,00,000 equity shares of Rs 10/- each to Rs 14,00,00,000/- divided into 1,40,00,000 equity shares of Rs 10/- each by creation of additional 70,00,000 Equity Shares of Rs 10/- each ranking pari passu with the existing equity shares of the Company and consequential amendments in the Memorandum and Articles of Association of the Company.

Source : Equity Bulls

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