Dhanada Corporation has convened a meeting of the Board of Directors of the Company on January 18, 2012, to consider and approve the allotment of 14,35,000 Equity shares of Re 1 each to selected persons belonging to Non-Promoter Category on preferential basis in accordance with the resolution passed by the members at the Annual General Meeting held on September 30, 2011 and the In-principal Approval received from the Stock Exchange at a price not lesser than the price computed under regulation 76(1) of the SEBI (ICDR) Regulations, 2009.
The board will also review the performance and operations of the Company and ratify actions taken by RTA.
The above information is part of the company’s filing submitted to the BSE.
