The Extra-ordinary General Meeting of the Company will be held on Monday, 23rd day of July, 2007 at 10.00 AM at the Registered Office of the Company i.e. Trident Complex, Raikot Road, Barnala interalia to consider the following:
1.To increase of Authorised Share Capital of the Company from
20 crores to
30 crores .
2. To consider and Issue of Securities to Qualified Institutional Buyers (QIBs) in accordance with the provisions of Chapter XIII A of SEBI (DIP) Guidelines,2000 for an amount not exceeding
50 crores (Rupees Fifty Crores)
3. To c onsider and issue of securities in the international market upto United State Dollars 10 (ten) Millions.
4. To cosider and issue of 57,00,000 warrants, carrying an option to the holder of such warrants to subscribe to one equity share of
10/- for every warrant held, within 18 months from the date of allotment of the warrants at the price to be fixed as per SEBI Guidelines to the Promoters and Other Strategic Investors on the Preferential basis.
Notice of the meeting has been despatched to all members of the Company at their registered address.