Luminaire Technologies Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on February 29, 2008, have accorded the following:
1. To increase in authorized capital from Rs 5,00,00,000/- divided into 5,00,00,000 equity shares of Re 1/- each to Rs 15,00,00,000/- divided into 15,00,00,000 equity shares of Re 1/- each.
2. To issue Equity Shares on Rights basis in the ratio of five equity share for every one equity shares held at par, raising an amount of Rs 12 crores.
1. To increase in authorized capital from Rs 5,00,00,000/- divided into 5,00,00,000 equity shares of Re 1/- each to Rs 15,00,00,000/- divided into 15,00,00,000 equity shares of Re 1/- each.
2. To issue Equity Shares on Rights basis in the ratio of five equity share for every one equity shares held at par, raising an amount of Rs 12 crores.
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