Corporate Announcement
Security Code : 507438    Company : IFBAGRO    
 
Outcome of Board Meeting (EGM on Feb 06, 2013) 
  Exchange Disseminated Time     
IFB Agro Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 07, 2013, have decided to convene an Extra Ordinary General Meeting of the members of the Company on February 6, 2013 for obtaining approval for issue of 9,98,000 equity shares of Rs.10/- each face value at a price to be decided in accordance with the SEBI guidelines and other applicable provisions to promoters of the Company.

The Board, also decided to make application to the Stock Exchanges for obtaining ‘in principle' approval from the designated Stock Exchanges for the proposed allotment of equity shares to the promoters after approval of the shareholders of the Company.
 

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