Bodal Chemicals to consider rights issue

Bodal Chemicals Ltd has announced that a meeting of the Board of Directors of the Company will be held on November 18, 2006, inter alia, to fix date, time and venue of the Extra Ordinary General Meeting (EGM) for approval of Right Issue and enhancement of Authorised Capital from Rs 15.00 cr comprising Rs 11.00 cr. Equity Capital and Rs 4.00 cr. Preference Capital to Rs 27.00 cr. comprising Rs 23.00 cr. Equity Capital and Rs 4.00 cr. Preference Capital.

Source : Equity Bulls

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