KS Oils Ltd has announced that a meeting of the Board of Directors of the Company will be held on May 23, 2007, inter alia, to consider the following matters:
1. Approval of the Audited Accounts for the year ended March 31, 2007.
2. Recommendation of dividend to shareholders, if any.
3. To consider the matter of sub-division (split) of the equity shares of the Company.
4. To consider the increase in borrowing limits of the Company.
5. To approve the dates of closure of shareholders transfer books and register of members.
6. Fixation of date, time of 22nd Annual General Meeting of the Company for the year ended March 31, 2007.