Friday, February 2, 2007

Aviva Industries - Outcome Of EGM

Aviva Industries Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on January 24, 2007, inter alia, has considered to issue shares on Rights basis 14,99,0000 number of equity shares of the Company for a face value of Rs 10/- each for cash and at such premium as may be decided by the Board of Directors of the Company in consultation with the lead managers in the ratio of Ten new equity shares on every One equity share held by members on the record date to be decided subject to applicable approvals / clearances relating to the proposed Rights Issue from all the regulatory authorities including SEBI.

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