Ram Ratna Wires Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on January 19, 2008, inter alia, have unanimously passed the following resolutions:1. Increase in Authorised Share Capital from Rs 10,00,00,000/- (Rupees Ten Crores) to Rs 15,00,00,000/ (Rupees Fifteen Crores) divided into 1,50,00,000 (One Crore and Fifty Lacs) Equity Shares of Rs 10/ each by creation of an additional 50,00,000 (Fifty Lacs) Equity Shares of Rs 10/ each and Alteration of Memorandum of Association of the Company consequent upon the increase in Authorised Share Capital.2. Alteration of the Articles of Association of the Company consequent upon increase in the Authorised Share Capital.3. Consent to the Board of Directors to offer, issue and allot 15,30,000 equity shares of Rs 10/- each for cash at a premium of Rs 44/ per shares on Preferential Allotment basis to the persons / entities of the promoter Group of the Company.
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