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| Exchange Disseminated Time | Onward Technologies Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) held on January 16, 2006, inter alia, have passed the following with requisite majority.
1. To issue / offer equity shares, Preferential shares to any person or the public or a section of the public.
2. To issue and allot equity shares to the promoter or Associate group companies on Preferential basis.
3. Modification of the Employees Stock Option Program (ESOP 2001) for maximum number of option that can be given to any employee. |
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