Everest Kanto Cylinder Ltd has informed that a meeting of the Board of Directors of the Company will be held on November 17, 2008, inter alia, to transact the following:
1. To consider the proposal of Buyback of equity shares of the Company.
2. To consider the investment of upto Rs 1000 Lakhs by way of equity share capital and / or loan in a proposed 50:50 joint venture Company in India with M/s. Tomasetto Achilles group, Argentina for carrying on the business of assembling / manufacturing of CNG kits and related activities.
1. To consider the proposal of Buyback of equity shares of the Company.
2. To consider the investment of upto Rs 1000 Lakhs by way of equity share capital and / or loan in a proposed 50:50 joint venture Company in India with M/s. Tomasetto Achilles group, Argentina for carrying on the business of assembling / manufacturing of CNG kits and related activities.
