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| Exchange Disseminated Time | Kiduja Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 31, 2007, inter alia, has taken the following decisions:
1. The Board has decided to change the name of Company from 'Kiduja Industries Ltd' to 'Kiduja India Ltd' subject to approval of members in ensuing Annual General Meeting.
2. The Board also decided to enhance the borrowing power of the Company to Rs 1000 Crores as per section 293(1)(d) of the Companies Act, 1956.
3. It was also discussed and approved by the Board that contribution to charitable and other funds as per section 293(1)(e) shall not exceed Rs 5 crores in any financial year.
4. The Board has decided to shift the Registered Office of the Company from '113-C, Mittal Tower, Nariman Point, Mumbai- to '127-B, Mittal Tower, Nariman Point, Mumbai with effect from August 31, 2007. |
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