Autolite India - EGM on Jun 27, 2007

Autolite India Ltd has informed that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on June 27, 2007, inter alia, to consider and approve the following: To amend in the existing Article No. 3 by insertion of new Clause 3(d) & 3(c) after the existing Clause No 3(c) as under:3(d) Subject to the provisions of the SEBI (Disclosure and Investors Protection) Guidelines as may be applicable from time to time and with the consent of the Members of the Company at a General Meeting by way of special Resolution, the Board of Directors of the Company or a Committee thereof duly authorised by the Board of Directors may issue and allot Warrants convertible into the Equity Shares on such rate, terms and conditions to the existing shareholders, general public, or on preferential basis to the promoters, directors, bodies corporate, banks, financial institutions, OCBs, NRIs or such other persons from time to time on receipt of at least 10% of the face value of the Warrants, as it may think fit. Board of Directors of the Company shall be authorized to make provisions as to the allotment and issue of Warrants and in particular may determine to whom the same shall be offered whether at par or at premium subject to the provisions of the Companies Act, 1956 and all the applicable provisions of the SEBI Guidelines.