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Transgene Biotek Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on June 18, 2008, for obtaining the approval of the Members of the Company for allotment of 15,00,000 Equity Shares of Rs 10/- each at a price of Rs 80/- per Share or at the price to be determined as per the SEBI (Disclosure & Investor Protection) Guidelines, 2000, whichever is higher, to Dr. K Koteswara Rao, Promoter of the Company, against the interest free unsecured loans brought in by Dr. K Koteswara Rao and Family.

Tags: Transgene Biotek

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