Vishvjyoti Trading Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 27, 2012, inter alia, has considered and approved the following transactions:
1. To increase the Authorized Share Capital of the Company from Rs. 24,50,000/- (Rupees Twenty Four Lakhs Fifty Thousands only) to Rs. 7,74,50,000/- ( Rupees Seven Crore Seventy Four Lakh Fifty Thousand Only).
2. To issue 75,00,000 (Seventy Five Lakh) Equity Shares of Rs. 10/- each on Preferential basis to promoters / non promoters.