Corporate Announcement
Security Code : 532507    Company : BAGFILMS    
 
BAG Films - Outcome of Board Meeting 
  Exchange Disseminated Time     
BAG Films & Media Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 31, 2009, has approved the raising up to US $ 30 million by way of Global Depository Receipts (GDR)/ Foreign Currency Convertible Bonds and/or any other security in the international market(s) subject to statutory approvals as may be necessary / required by the Company. The Board has also approved the increase in Authorised Capital of the Company from Rs. 30 Crore to Rs. 40 Crore. The Board has also approved the draft notice of Extra-Ordinary General Meeting to be held to approve the above matters.
 

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