Net 4 India Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on February 08, 2008, have passed the resolution to increase authorised capital of the Company from Rs 20 crores to Rs 25 crores and consequent amendment of Memorandum & Articles of Association. The resolution under section 81(1A) of the Companies, Act, 1956 for preferential allotment of equity shares & convertible warrants on preferential basis as per the details mentioned in the notice, has not been passed.
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