Bluechip Tex - Outcome Of EGM

Bluechip Tex Industries Ltd has informed that the members at the Extra-Ordinary General Meeting (EGM) of the Company held on February 17, 2007, have passed the Special Resolution with requisite majority, approving the Companys proposal for commencement of Business under Clause no. 130 of Other Objects Clause of the Memorandum and Articles of Association of the Company.Clause 130:To carry on the business of generating, trading, purchasing, marketing, selling, importing, exporting, producing, manufacturing, transmitting, distributing, supplying, exchanging or otherwise dealing in all aspects of Thermal, Hydro, Nuclear, Solar, Wind power and power generated through Non-conventional / Renewable Energy sources including construction, generation, operation and maintenance, renovation and modernization of Power Stations, Gas Turbine, Wind Farms Projects and also to undertake the business of other allied / ancillary industries including those for utilization / sale / supply of steam and ash generated at power stations and other by-products and install, operate and manage all necessary plants, items of equipment, cables, wires, lines, establishments and works.