Zenith Infotech Board to consider dividend

Zenith Infotech Ltd has announced that a meeting of the Board of Directors of the Company will be held on July 14, 2007, inter alia, for considering the following:

1. To approve audited accounts of the Company for the year ended March 31, 2007.

2. To consider declaration of dividend.

3. To consider the proposal for issuing Securities like Equity Shares and / or Debentures / Securities convertible into Equity Shares and / or Securities with or without Share Warrants attached thereto / American Depository Receipts / Global Depository Receipts / Foreign Currency Convertible Bonds / Qualified Institutional Placements etc. up to the value of Rs 300 Crores or its equivalent in Foreign Currency like US$, Euro etc.

4. To consider the proposal for issuing share warrants convertible into equity shares to the promoter group.

5. To determine the period for the closure of the register of members and the share transfer books of the Company.

Source : Equity Bulls

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