H S India to consider preferential issue, expand business

H S India Ltd has announced that a meeting of the Board of Directors of the Company will be held on December 30, 2006, inter alia, to transact the following business:

1. To discuss on expansion activities of the Company.

2. To consider preferential allotment of additional Shares, Stocks, Warrants or any other financial instrument.

3. To increase the authorised share capital of the Company.

4. To fix the date, time and place of holding Extra-ordinary General Meeting.

Source : Equity Bulls

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