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Moneycontrol.com >> Messageboard >> Stocks >> Hindalco >> BSE Announcements on Hindalco
   You are here :     Moneycontrol     MMB    Stocks      Hindalco                         Most active discussions of 2006 , 2007 & 2008
BSE Announcements on Hindalco (2)   17-Nov-09 15:27Track this thread   Tracked by (0)  
Posted by:   MMB Messenger on ( 17-Nov-09 15:27 )
Price : [Hindalco - BSE:Rs. 135.00 NSE:Rs. 43.50 when posted]
Hindalco Industries Ltd has informed BSE that the shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on November 17, 2009, have passed the Special Resolutions with regard to the following matters:

1. To issue further securities of the Company for the amount not exceeding Rs. 2900 Crores pursuant to the provisions of Section 81 (1A) of the Companies Act, 1956.

2. To increase in the limit of investment by Foreign Institutional investors (FIIs) from 24% to 40% in the Companys Equity Share Capital.
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