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| Exchange Disseminated Time | Celebrity Fashions Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on September 14, 2012, inter alia, to consider in line with the proposed scheme of Restructuring package/Rehabilitation Scheme to be approved by Banks/BIFR :
1. Increase in Authorized Share Capital.
2. Alteration of Memorandum & Articles of Association for increase in Authorized Capital.
3. Preferential Issue of Equity Shares.
4. Conversion of a Portion of Debt into Cumulative Redeemable Preference Shares.
5. Conversion of a Portion of Debt into Equity.
6. To Fix the day, date, time and place for holding the Extra-Ordinary General Meeting of the Shareholders for obtaining approval for the above and other matters connected therewith. |
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