Ennore Foundries - EGM on Jan 05, 2008

Ennore Foundries Ltd has informed that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on January 05, 2008, inter alia, to transact the following business:

1. To offer, issue and allot in one or more tranches, to Financial Institutions, Foreign Institutions, Foreign investors, Non-Resident Indians, Corporate Bodies, Mutual Funds, Banks, Insurance Companies, Pension Funds, Venture Capital Funds or others whether shareholders of the Company or not, on a private placement basis or otherwise, equity shares and / or equity shares in the form of Global Depository Receipts (GDRs) and / or American Depositary Receipts (ADRs) and / or Foreign Currency Convertible Bonds (FCCBs) and / or securities convertible into equity shares and / or securities Linked to equity shares and / or securities with or without detachable share warrants, and / or bonds with share warrants attached ( Securities), secured or unsecured , whether listed on any stock exchange in India or abroad or unlisted, through an offer document and / or prospectus and / or offer letter and /or offering circular and / or information memorandum and / or Listing particulars, as the Board in its sole discretion may at any time or times hereinafter decide so, for an aggregate sum upto Rs 100 Crores (Rupees one hundred crores only) or its foreign currency equivalent at such price or prices at a discount or premium to market price or prices in such manner and on such terms and conditions as may be decided and deemed appropriate by the factors, wherever necessary in consultation with the Lead Managers, Investment Bankers, Underwriters, Merchant Bankers, Guarantors, Financial and Legal Advisors, Rating Agencies, Advisors, Depositories, Custodians, Principal Paying / Transfer / Conversion Agents, Listing Agents, Registrars, Trustees, Stabilizing Agents on the equity shares for the Company to meet the capital expenditure and working capital requirements, subject to necessary provisions & approvals.