Rajkamal Synthetics to issue shares on preferential basis

Rajkamal Synthetics Ltd has announced that the Board of Directors of the Company at its meeting held on August 20, 2009, inter alia, has approved increase in Authorised Capital from Rs. 3 crores to Rs. 7 Crores. (Subject to Approval of the Shareholders at the Annual General Meeting).

The Board also approved Preferential Issue of Equity Shares (Subject to Approval of the Shareholders at the Annual General Meeting).

Source : Equity Bulls

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