ANG Auto to consider FCCB, preferential issue - setting up of subsidiary abroad

ANG Auto Ltd has announced that a meeting of the Board of Directors of the Company will be held on December 19, 2006, inter alia, to consider the following:

1. Issue of Foreign Currency Convertible Bond (FCCB).

2. Issue of Shares on Preferential Basis to Promoter / PAC.

3. To form the Subsidiary Company in India and in Abroad.

4. Calling of an Extra Ordinary General meeting of the Shareholders of the Company.

Source : Equity Bulls

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