Nikhil Adhesives EGM to approve issue of shares on preferential basis at Rs.26

Nikhil Adhesives Ltd has announced that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on December 28, 2006 to take approval of the members to issue on preferential basis 8,000 equity shares of face value of Rs 10/- each at the Price of Rs 26/- per equity share (i.e. at the premium of Rs 16/- per share) and give authority to the Board of Directors to take further necessary actions in this regard as may be necessary.

Source : Equity Bulls

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