Bodal Chemicals to increase authorized share capital, issue shares on rights basis

Bodal Chemicals Ltd has announced that the Board of Directors of the Company at its meeting held on November 18, 2006, has transacted the following business:

Extra Ordinary General Meeting will be held on December 19, 2006 to transact businesses mentioned in the notice.

1. To increase Authorised Capital from Rs 15.00 cr. to Rs 27.00 cr.

2. To approve Right Issue.

3. To delist voluntarily from Ahmedabad Stock Exchange (Regional Stock Exchange).

Source : Equity Bulls

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