Parekh Aluminex - EGM on Jul 02, 2007

Parekh Aluminex Ltd has informed that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on July 02, 2007, inter alia, to transact the following business:1. To increase the Authorised Share Capital of the Company from Rs 12,00,00,000 divided into 1,20,00,000 equity shares of Rs 10 each to Rs 16,00,00,000 divided into 1,60,00,000 equity shares of Rs 10 each by creation of an additional 40,00,000 equity shares of Rs 10 for an aggregate amount of Rs 4,00,00,000 & Consequential amendments in the Memorandum of Association and Articles of Association of the Company.2. To issue, offer and allot upto 30,00,000 warrants or any other securities or financial instrument(s) (Warrants) to specified investors including Promoters, Corporate bodies and Individuals (Warrant Holders), on preferential allotment basis, on such terms and conditions and in such manner as the Board may think fit, without offering the same to any persons who at the date of this offer are the holders of equity shares of the Company; each Warrant entitling the holder thereof to apply for and be allotted one equity share of Rs 10 per Warrant, which conversion must be made within a period not exceeding eighteen months from the date of allotment of the Warrants, in one or more tranches, in accordance with SEBI (DIP) Guidelines