Held on 16 May 2014
Amtek Auto announced that the Board of Directors of the Company at its meeting held on 16 May 2014, has decided the following:1. Issuance of equity shares through a Qualified Institutional Placement (QIPs) and/or Global Depository Receipts and/or American Depository Receipt and/or other securities convertible into equity shares and/or such other equity-linked instruments.
2. To increase the Authorised Share Capital of the Company and consequential alternations of Memorandum and Articles of Association of the Company.
The decisions of the board at serial nos. 1 and 2 above, inter alia, are subject to the approval of shareholders of the Company and the Company will, in this regard, call an extraordinary general meeting of its shareholders.
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