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Outcome of board meeting of Anka India

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Capital Market
Last Updated : May 19 2014 | 11:53 PM IST

Held on 17 May 2014

Anka India announced that the Board of Directors of the Company at its meeting held on 17 May 2014, inter alia, have considered the following matters and decisions taken as mentioned below:

The directors approved the proposal to take up the alteration of Objects Clause of the Memorandum of Association through a postal ballot for obtaining necessary approval of the members by way of special resolution.

The directors approved the proposal for preferential allotment of up to 16,00,000 equity shares @ Rs 10 per share in accordance with the applicable SEBI regulations and decided to refer the matter to the members through a postal ballot for obtaining necessary approval of the members by way of special resolution.

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First Published: May 19 2014 | 9:35 AM IST

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