Can Fin Homes Ltd shareholders approve rise in equity capital

Can Fin Homes Ltd has announced that the members at the 19th Annual General Meeting (AGM) of the Company held on August 02, 2006, inter alia, have also accorded to increase the Authorised Share Capital of the Company from Rs 500 million only to Rs 700 million, divided into 700,00,000 equity shares of Rs 10/- each, ranking paripassu with the existing equity shares and accordingly approval for modification of Clause V of the Memorandum of Association of the Company and alteration of Article 2(a) of the Articles of Association of the Company.

Source : Equity Bulls

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