TTK Healthcare EGM approves preferential issue to promoters

TTK Healthcare Ltd has announced that the members at the Extra Ordinary General Meeting (EGM) of the Company held on August 18, 2006, have accorded their consent by means of a Special Resolution for the offer, issue and allotment of upto 15,00,000 Equity Shares of Rs 10/- each, for cash at a price of Rs 73/- per share (including a Premium of Rs 63/- per share), on Preferential basis, to the Promoters of the Company, M/s. T T Krishnamachari & Co., represented by its Partners Mr. T T Jagannathan & Mr. T T Raghunathan.

Source : Equity Bulls

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