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Outcome of Board Meeting - EGM on Feb 20, 2014

| Updated on January 27, 2014

Natural Capsules Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 25, 2014, inter alia, has taken the following decisions:

1. It was decided to increase Authorised Capital of the Company from Rs. 5 crores to 6 crores subject to approval of members, consequently amend the clause V of the Share capital of Memorandum and Articles of Association for increase in Authorised capital to 6 crores with 6,00,000 Equity shares of Rs. 10/- each.

2. It was decided to issue 5,20,000 Equity shares of Rs. 10/- each at a premium of Rs. 26/- each per Equity shares on preferential basis to promoter/Investors, subject to the approval of Stock Exchange and members as per DIP guidelines of SEBI.

3. It was decided to issue warrants convertible into Equity shares on preferential basis to promoters / others, subject to the approval of Stock Exchange and members and as per DIP guidelines of SEBI.

4. It was decided to convene EGM on February 20, 2014.

Source : BSE - >www.bseindia.com

Published on January 27, 2014

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