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| Exchange Disseminated Time | Kavveri Telecom Products Ltd has informed BSE that the shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on July 04, 2011, inter alia, have approved the following:
1. The increase in authorized capital from existing Rs. 20 crores to Rs. 25 crores and the consequent alteration to capital clause in the Memorandum of association of the company.
2. The Further issue of capital by way of Private placement of equity to Qualified Institutional Buyers, upto Rs. 75 million only. |
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