Corporate Announcement
Security Code : 531930    Company : SARTHAKIND    
 
Sarthak Industries members approve preferential issue 
  Exchange Disseminated Time     
Sarthak Industries Ltd has informed BSE that at the EGM held on June 19, 2004, the shareholders of the company has approved to offer, re-issue and sale equity shares of Rs.10/- each at a price which shall not be less than the price arrived in accordance with the valuation guidelines notified by the erstwhile Controller of Capital Issue, Government of India in December, 1990, out of the forfeited equity shares as the Board may at its sole discretion decide to all or any categories viz. the public, the members, the promoters, Non Resident Indians Overseas Corporate Bodies Domestic Companies, group companies and / or to such other persons on preferential basis or otherwise and at such time or times and in one trench or more and on such terms and conditions as the Board may at its absolute discretion think fit and decide.

 

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