Responsive Industries to consider issue of CCDs

Responsive Industries Ltd has announced that a meeting the Board of Directors of the Company will be held on January 13, 2009, inter alia, to consider and to determine issuance of Compulsorily Convertible Debentures (CCDs) on preferential basis.

To consider and approve the notice of Extra Ordinary General Meeting for seeking necessary consent from the Members as required under section 81(1A) of the Companies Act, 1956 for issuance of Compulsorily Convertible Debentures (CCDs) on preferential basis.

Source : Equity Bulls

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