Neha International - Outcome of EGM
Neha International Ltd has informed BSE that the shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on March 17, 2008, have approved the following resolutions:
1. Increase of Authroized Capital from Rs 20.00 Crore to Rs 30.00 Crores.
2. Raising of money for an aggregate sum of up to US$ 25.00 Million through FCCBs / GDRs / ADRs.
3. Increase of borrowing powers of the Board upto Rs 125.00 crore.
