Sangam India EGM approves issue of securities

Sangam India Ltd has announced that the members at the Extra-Ordinary General Meeting (EGM) of the Company held on January 27, 2007 have approved the resolution for further issue of securities including but not limited to Foreign Currency Convertible Bonds convertible in equity shares whether partly or fully, Debentures whether partly / fully convertible, securities linked to equity shares, Depository Receipts, GDRs / ADRs, securities convertible into equity shares, equity shares through depository receipts and / or any combination thereof for an aggregate amount not exceeding Rs 100 crores including premium.

Source : Equity Bulls

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