Corporate Announcement
Security Code : 532808    Company : PGIL    
 
House of Pearl Fashions - Board Meeting on Oct 29, 2007 
  Exchange Disseminated Time     
House of Pearl Fashions Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 29, 2007, inter alia, to deliberate & approve the following:

1. Partial re-location of project proposed at SIPCOT Industrial Park, Irungattukottai, India.

2. Re-location of project proposed for Narsinghpur, Gurgaon.

3. Consolidation / re-scheduling of expenditure proposed for setting up of a domestic branded apparel retail business and acquisition of an existing international brand in the US and the UK for retail outside India.

4. Utilisation of the proceeds of the IPO towards general corporate purposes.

5. Utilisation of the proceeds of the IPO towards payment of issue expenses.
 

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