Pacheli Enterprises Ltd has informed BSE that the members of Company, at the Extra Ordinary General Meeting held on February 18, 2012, have approved the following resolutions:
1. Reduction of share capital of the Company as per the terms and conditions set out in the scheme of Reduction of Capital.
2. Allotment of 40 Lakhs equity shares of Rs. 10/- each at Rs. 10/- each, by way of preferential allotment to non promoters share holders.
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