Amtek India approves issue of shares

Amtek India Ltd has announced that the members at the Extra Ordinary General Meeting (EGM) of the Company held on November 28, 2006, have accorded authority to the Board to issue and allot upto 2,69,17,810 Equity Shares of Rs 2/- per share at a premium of Rs 145/- per share aggregating to Rs 395,69,18,070/- to the promoter of the Company, FIIs and Foreign Corporate Bodies by way of preferential allotments, subject to necessary provisions & approvals.

Source : Equity Bulls

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