Millars India Ltd has announced that the members at the Extra-Ordinary General Meeting (EGM) of the Company held on January 02, 2007 have unanimously given consent for issue of 3,51,000 equity shares of Rs 10 each at premium of Rs 70/- and 13,50,000 convertible warrants, each warrants carrying right to subscribe to one equity shares of Rs 10/- each at premium of Rs 70/- for the concerned allottees.