Rock Hard - Outcome of AGM
Rock Hard Petrochemical Industries Ltd has informed BSE that the members at the 33rd Annual General Meeting (AGM) of the Company held on June 21, 2008, inter alia, has approved the following special business:
1. Increased of authorised capital of the Company from Rs 10,00,00,000/- (Rupees Ten Crores only) to Rs 60,00,00,000/- (Rupees Sixty Crores only) by creation of 5,00,00,000 (Five Crores) Equity Shares of Rs 10/- (Rupees Ten Only) each, which shall rank pari passu in all respect with the existing Share Capital.
2. Subject to approval, consent, permission and / or sanction of the appropriate authorities, to create, offer, issue and allot upto 2,20,00,000 (Two Crores Twenty Lacs) Equity Shares of Rs 10/- (Rupees Ten only) each for cash aggregating to Rs 22,00,00,000/- (Rupees Twenty Two Crores only)on preferential basis.
3. Appoint Mr. Khimjibhai Patadia, Mr. Chirag Jethva, Mr. Deepak Sonawani and Mr. Ramchandra Kachave as a Director of the Company, liable to retire by rotation.
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