Anant Raj Industries to consider issue of shares on preferential basis

Anant Raj Industries Ltd has announced that a meeting of the Board of Directors of the Company will be held on April 26, 2007, inter alia, to discuss the following matters:

1. To consider the allotment of fresh equity shares, on preferential basis, in accordance with SEBI (Disclosure and Investor Protection) Guidelines, 2000 in the Non-promoter Category.

2. To enter in to Joint venture / Co-Investment Right agreement with a foreign partner to undertake projects.

3. To finalize the date of EGM for the shareholders approval and to approve notice thereof.

Source : Equity Bulls

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