Salora International Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 14, 2008, inter alia, has passed the resolution under Section 81(1A) of the Companies Act, 1956 for issue of equity shares / debentures / FCCB / FCD through various alternate routs, subject to that the total funds to be raised shall not exceed Rs 50.00 crores.
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