MSR India has informed that the board of directors of the company at its meeting held on December 10, 2011, has approved and considered the issue of 50,00,000 equity shares to the promoters and the others on preferential basis and to convene Extra Ordinary General Meeting of the shareholders on January 04, 2012 to take approval from them for the above said issue of equity shares.
The above information is part of the company’s filing submitted to the BSE.