Inter State Finance Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on April 04, 2008, inter alia, have approved the following:
1. Increase the Authorized Share Capital from Rs 8.50 Crs to Rs 30.00 Crs.
2. The Preferential Allotment of 2,50,00,000 equity shares to the persons belonging to Promoter Group and Strategic Investors.
3. Approved the issue of GDR / ADR.
1. Increase the Authorized Share Capital from Rs 8.50 Crs to Rs 30.00 Crs.
2. The Preferential Allotment of 2,50,00,000 equity shares to the persons belonging to Promoter Group and Strategic Investors.
3. Approved the issue of GDR / ADR.
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