Bodal Chemicals Ltd has informed that the Board of Directors of the Company at its meeting held on May 24, 2008, has transacted the following businesses:
1. Approved the basis of Allotment of Rights issue as approved by the Stock Exchange.
2. Approved the Allotment of 52,01,352 Equity Shares of Rs 10/- each at a premium of Rs 10/- per share along with Detachable Warrants.
3. Mr. Ankit S Patel has been appointed as an Additional Director designated as Executive Director of the Company.
4. Mr. Ramesh D Patel has resigned as a Director of the Company w.e.f. May 24, 2008.
1. Approved the basis of Allotment of Rights issue as approved by the Stock Exchange.
2. Approved the Allotment of 52,01,352 Equity Shares of Rs 10/- each at a premium of Rs 10/- per share along with Detachable Warrants.
3. Mr. Ankit S Patel has been appointed as an Additional Director designated as Executive Director of the Company.
4. Mr. Ramesh D Patel has resigned as a Director of the Company w.e.f. May 24, 2008.
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