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| Exchange Disseminated Time | | India Glycols Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 25, 2012, inter alia, has approved the increase in Authorised Capital of the Company from existing Rs. 30 crores to Rs. 45 Crores and proposed amendment of capital clause in the Memorandum and Articles of Association of the Company subject to the approval of Shareholders at their ensuing Annual General Meeting and also approved the issue of not exceeding 33,05,259 equity shares/warrants convertible into equity shares to promoters on preferential basis in accordance with the applicable SEBI guidelines, subject to the approval of shareholders at their ensuing Annual General Meeting. |
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