Rasi Electrodes Board to consider Bonus Issue

Rasi Electrodes Ltd has announced that a meeting of the Board of Directors of the Company will be held on July 25, 2007, inter alia, to consider the following matters:

1. To recommend issue of bonus shares in the ratio to be approved by the Board of Directors subject to the approval of shareholders at the ensuing Annual General Meeting.

2. To increase the Authorised Share Capital of the Company.

3. To consider and take on record the Unaudited Financial Results for the quarter ended June 30, 2007.

Source : Equity Bulls

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