Monday, April 21, 2008

Cairn India - Outcome Of EGM

Cairn India Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on April 16, 2008, inter alia, have approved the Preferential Issue of 11,30,00,000 (Eleven crores and Thirty Lakh) Equity shares of the Company of face value of Rs 10/- each at a premium of Rs 214.30 per equity shares aggregating to Rs 2534.59 Crores to Petronas International Corporation Ltd and Orient Global Tamarind Fund Pte Ltd.

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