Hasti Finance to consider acquisition, change name

Hasti Finance Ltd has announced that the Board of Directors of the Company at its meeting held on December 23, 2006 has approved the following expansion plans, subject to statutory and Share holders approval:

1. Diversification into investments and trading in Shares, Securities and Commodities.

2. The name of the Company to be changed.

3. To acquire the controlling stakes in Companies of FMCG, IT, Retail, Financial Services, Industrial Products, Shares & Stock Broking and other businesses.

The Board of Directors has called for Extra Ordinary General Meeting of Share Holders on January 31, 2007 for approval of expansion plans.

Source : Equity Bulls

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