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| Exchange Disseminated Time | | Lumax Industries Ltd has informed BSE that an Extra-Ordinary General Meeting (EGM) of the members of the Company will be held on April 24, 2007, to issue, create and allot in one or more tranches upon such terms and conditions as may be deemed appropriate by the Board, by way of preferential allotment, upto 10,00,000 number of fully paid up Equity Shares of the Company of nominal value Rs 10.00 each ("the Shares"), for cash, at a price, including premium, if any, to be determined as per SEBI (Disclosure & Investor Protection) Guidelines, 2000, on preferential basis, ranking pari passu in all respects, including rights as to dividend, bonus with the existing equity shares of the Company to Stanley Electric Company Ltd, Japan, and their associates or group Companies, whether or not they are members of the Company, and on such terms and conditions, as the Board may deem appropriate in its absolute discretion, subject to necessary provisions and approvals. |
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