Sintex Industries - EGM on Dec 24, 2007

Sintex Industries Ltd has informed that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on December 24, 2007, inter alia, to transact the following business:

1. To increase the Authorised Equity Share Capital of the Company from Rs 350 million (Rupees three hundred fifty million only) divided into 17,50,00,000 Equity Shares of Rs 2/- each to Rs 500 million (Rupees five hundred million only) divided into 25,00,00,000 Equity Shares of Rs 2/- each by the creation of 7,50,00,000 Equity Shares of Rs 2/- each subject to the Memorandum and Articles of Association of the Company.

2. Alternation of Clause 5 of the Memorandum of Association of Company by substituting the following words:

Clause5

The authorized share capital of the Company is Rs 65,00,00,000 divided into 25,00,00,000 Equity Share of Rs 2/- each and 15,00,000 preference share of Rs 100/- each with power to increase or reduce the share capital of the Company and to divide the share in the capital for the time being into several classes and to attach there to respectively such preferential deferred, qualified or special rights privileges or condition as may be determined by or in accordance, with the Articles of Association of the Company and vary, modify, amalgamate or abrogate any such rights, privileges or condition in such manners as may for time being be provided by the Articles of Association of the Company.

3. Alternation of Article 5 of the Articles of Association of the Company by substitution of the following in its place:

Article 5

The Authorised Share Capital of the Company is Rs 65,00,00,000 divided into 25,00,00,000 Equity Shares of Rs 2/- each and 15,00,000 Preference Shares of Rs 100/- each.