TANFAC Industries has informed that a meeting of the Board of Directors of the company will be held on July 31, 2013 to consider, Unaudited Financial Results for the first quarter ending June 30, 2013 and also proposed to discuss and consider various alternatives for raising resources including issue of Preference Shares and/or Equity Shares on 'rights basis', for the purpose of improving net worth of the company at the above Board Meeting.
The above information is a part of company’s filings submitted to BSE.