|
| Exchange Disseminated Time | Kriti Industries India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 26, 2006, inter alia, has approved the following:
1. Increase in authorized share capital.
2. Issue and allotment on a preferential basis of:
a. 6,40,000 equity shares of face value Rs 10/- each at a price of Rs 25/- per Share to Kriti Corporate Services Pvt Ltd (promoter group/person acting in concert).
b. 6,85,000 equity shares of face value Rs 10/- each at a price of Rs 25/- per Share to Chetak Builders Pvt Ltd (promoter group/person acting in concert).
3. To convene an Annual General Meeting of the Company to obtain consent of the members for the aforesaid preferential issue and increase of authorized share capital along with other business. |
|
|