Daikaffil Chemicals to convene AGM for preferential issue to GE Chemical Company

Daikaffil Chemicals India Ltd has announced that Annual General Meeting (AGM) of the members of the Company will be held on September 25, 2006, inter alia, to offer and issue 17,59,700 Equity Shares of Rs 10/- each at a premium of Rs 5/- per share to G E Chemical Company S.A.- Luxembourg constituting about 25.10% of the total post issue paid up Share Capital / Voting Rights of the Company in compliance with Foreign Exchange Management Act and subject to the provisions of Chapter XIII of SEBI (Disclosure and Investor Protection) Guidelines, 2000, SEBI (SAST) Regulations, 1997 and all other applicable provisions of the Companies Act, 1956 and other statutes.

Source : Equity Bulls

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