Ecoboard Industries - EGM on Mar 27, 2008
Ecoboard Industries Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on March 27, 2008, inter alia, to offer, Issue and allot in one or more tranches and on such terms and conditions as may be deemed appropriate by the Board, by way of Preferential Allotment upto 7,50,000/- (Seven lacs fifty thousand only), Equity Shares of Rs 10/- each of the Company for cash, at a price of Rs 21 per share (i.e. at a premium of Re 11 per share), ranking pari passu in all respects including as to dividend with the existing Equity Shares of the Company (’the shares’), to the Promoters / Promoter Group Companies including persons acting in concert with the Promoters and their Nominees, on such other terms and conditions as the Board may deem appropriate in its absolute discretion, subject to necessary provisions & approvals.
Tags: Ecoboard Industries