Choice International Ltd has informed that the Board of Directors of the Company at its meeting held on April 17, 2009, inter alia, has passed the following resolutions:
1. The Company will start business related to insurance broking, mutual fund & necessary formalities shall be completed in due course. The Company will also provide advisory services related to project financing & other fund raising matters.
2. The Company will issue 2500000 additional equity shares through preferential allotment. Authorized capital will be increased for this purpose.
An Extra Ordinary General meeting will be called on May 18, 2009 for approval of shareholders on above matters.
1. The Company will start business related to insurance broking, mutual fund & necessary formalities shall be completed in due course. The Company will also provide advisory services related to project financing & other fund raising matters.
2. The Company will issue 2500000 additional equity shares through preferential allotment. Authorized capital will be increased for this purpose.
An Extra Ordinary General meeting will be called on May 18, 2009 for approval of shareholders on above matters.
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