Monday, March 10, 2008

ANG Auto - Outcome Of Board Meeting

ANG Auto Ltd has informed that the Board of Directors of the Company at its meeting held on March 09, 2008, has considered the following matters:

1. Allotment of 13,87,500 Equity Shares of the Company to the shareholders of M/s. ANG Auto Tech (P) Ltd of M/s. ANG Auto Tech P Ltd., with ANG Auto Ltd as per scheme of amalgamation approved by Honble High Court of Delhi.

2. The Board desired certain clarifications on the Buy-Back of shares. It was decided to discuss the same in the next Board Meeting.

No comments: