Cable Corporation - EGM On Mar 06, 2007

Cable Corporation of India Ltd has informed that an Extra-Ordinary General Meeting (EGM) of the members of the Company will be held on March 06, 2007, inter alia, to transact the following:1. To create, offer, issue, allot and deliver in one or more tranches, upto 33,33,334 Warrants (convertible into Equity Share of the Company of Rs 30/- each aggregating to Rs 10,00,00,020, to the following promoters including persons acting in concert and other acquirers on preferential basis convertible into 1 Equity Share of Rs 10 each fully paid up at a price of Rs 30 including premium of Rs 20 per share as determined in accordance with the SEBI DIP Guidelines, on such terms and conditions as may be decided by the Board including the form and terms of issue and to accept any modifications in the proposal as may be required by the authorities involved in such issues but subject to such conditions as the SEBI / STOCK Exchanges or such other appropriate authorities may impose at the time of their approvals and as agreed to by the Board, subject to necessary provisions and approvals.2. To create, grant, offer, issue and allot to or for the benefit of such person(s) who are in the permanent employment of the Company, whether working in India or out of India and the Directors (including whole-time Directors) of the Company (Employees), Equity Shares of the Company and / or Options giving right to purchase or subscribe to such number of equity shares / equity linked Instruments including any depository receipts, which could give rise to the issue of equity shares (Securities) of the Company, at such price, in such manner, during such period, in one or more tranches and on such terms and conditions as the Board may decide, subject to necessary provisions and approvals.