Natraj Commercial Enterprises Ltd has announced that the Board of Directors of the Company at its meeting held on November 21, 2006, has approved the following:
1. Subject to the approval of members and appropriate authorities, the Board has decided to issue & allot 35,00,000 Equity Shares to Promoters and other investors on preferential basis.
2. An Extra-Ordinary General Meeting to be convened on January 05, 2007 to transact the above business.