Murli Agro EGM to consider issue of securities

Murli Agro Products Ltd has announced that an Extra-Ordinary General Meeting (EGM) of the members of the Company will be held on December 15, 2006, to create, offer, issue and allot in one or more tranches, in the course of domestic / international offerings, with or without an over-allotment option, equity shares and / or equity shares through Global Depository Receipts ("GDRs") and / or American Depository Receipts ("ADRs") and / or Foreign Currency Convertible Bonds ("FCCBs") and / or any securities convertible into equity shares at the option of the Company and / or holder(s) of the securities and / or securities linked to equity shares and / or securities with warrants including any instruments or securities representing either equity shares and / or Foreign Currency Convertible Bonds or Convertible Securities or securities linked to equity shares or securities with equity shares / fully convertible debentures / partly convertible debentures or any securities other than warrants, which are convertible or exchangeable with equity shares at a later date, to Qualified Institutional Buyers ("QIBs") under Chapter XIII—A of the Guidelines or a combination of the foregoing ("Securities"), secured or unsecured, listed on any stock exchange inside India or any international stock exchange outside India, for an amount not exceeding Rs 200 crores inclusive of such premium from time to time, subject to necessary provisions and approvals.

Source : Equity Bulls

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