Outcome of Board Meeting (EGM on Dec 13, 2013)

Enkei Wheels (India) Ltd has informed BSE that subject to approval of shareholders of the Company as per the provisions of Companies Act, 1956 read with the provisions of SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2009 and such other approvals, consent etc. the Board of Directors of the Company at its meeting held on October 28, 2013, inter alia has decided to issue 6,71,000 Equity Shares to its Promoter Enkei Corporation, Japan on preferential basis on a price to be determined as per SEBI ICDR Regulations.

The Board also approved convening of Companys Extra-Ordinary General Meeting (EGM) on December 13, 2013 to give effect to the above and such other business as may be included in the EGM notice.

Source : BSE - >www.bseindia.com

Published on October 28, 2013


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