Lesha Steels - Board Meeting on Mar 15, 2008
Lesha Steels Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 15, 2008, inter alia, to consider the following:
1. To consider allotment of 39,50,000 equity shares and 43,00,000 warrants convertible into equity shares of Rs 10/- each at par allotted to other than promoters on a preferential basis, as per resolution passed by the shareholders of the Company at the Extra Ordinary General Meeting held on January 17, 2008.
2. To consider the proposal of taking over an Oil & Gas Company for better profitability and future prospects for the Company in this new line of business.
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