Arvind International Ltd has informed that the Board of Directors of the Company at its meeting held on November 19, 2007, inter alia, has accorded for the issue of 27,50,000 Equity Shares of Rs 10/- each on Preferential Allotment basis to the Promoters, New Investors and Associates.
Further the Company has informed that an Extra Ordinary General Meeting of the members of the Company will be held on December 29, 2007, to secure the consent of the members in this regard.
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