Mukesh Steels - Outcome Of EGM

Mukesh Steels Ltd has informed that the shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on May 07, 2007, have considered and approved the following:1. To Increase the Authorized Share Capital from Rs 8 crores to Rs 13 Crores.2. To alter the capital clause of Memorandum of Association consequent to first resolution.3. To alter the Articles of Association as per amendments proposed in Notice.4. In case of allotment on right basis to the existing shareholders of 43,82,640 equity shares shareholders gave their approval under section 81(1A) to make the allotment to the persons who are not present members of the Company in case the existing shareholders do not exercise their right of subscription.