Grandma Trading & Agencies has informed that a meeting of the board of directors of the company will be held on November 17, 2011, to consider issue of equity shares of face value of Rs. 10 each on preferential basis to other than promoters of the company, increasing Authority to Borrow under section 293(1)(d) of the Companies Act, 1956 and increase authority to secure / charge assets of company under section 293(1)(a) if the companies act, 1956.
The above information is part of the company’s filing submitted to the BSE.
