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Sunday, April 03, 2011

Autopal Industries Ltd: Outcome of Board Meeting

Autopal Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 31, 2011, inter alia, has taken the following decisions:

1. The Company call Extra Ordinary General Meeting will be held as per the direction to be given by Hon'ble BIFR at Registered Office-E-195(A), RIICO Industries Area, Mansrover, Jaipur - 302020 (Rajasthan).

2. The Company will be allotted Equity Shares in favour of Promoters and bring in additional Fund Rs. 50 lack as per Approved Draft Rehabilitation Scheme given by the Hon'ble BIFR.

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