Monday, June 22, 2009

Texmaco Board Approved Issuance Of Equity Shares - June 22, 2009

Texmaco Limited has informed that the Board of Directors of the Company at its meeting held on June 22, 2009, has considered and approved the following:

1. Issuance of Equity Shares or other convertible instruments of the Company via one or a combination of measures, including a preferential allotment, QIP, FCCB, ADR, GDR or any other equity related instrument not exceeding a sum of Rs 200 crores.

2. Constitution of a Committee of Directors to manage all aspects of the aforesaid issuance of Equity shares or other convertible instruments via one or a combination of measures, including a preferential allotment, QIP, FCCB, ADR, GDR or any other equity related instrument.

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