Friday, January 5, 2007

Growel Investment Board Approves To Issue Equity Shares On Preferential Basis

Growel Investment Ltd has informed that the Board of Directors of the Company at its meeting held on January 03, 2007, inter alia, has approved the following transaction:

1. To issue 7,56,430 equity shares on preferential basis to various individuals at a price as arrived as per SEBI Guideline.

2. To call Extra Ordinary General Meeting of the members on January 30, 2007.

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