Outcome of Board Meeting

Updated on: Feb 11, 2011

Kanchan International Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 10, 2011, inter alia, has considered the following business: 1. Approved the un-audited financial results for the third quarter ended December 31, 2010. 2. Discussed and appointed Mr. Yogesh Panchal as the Compliance Officer of the Company. 3. Passed a resolution subject to the approval of members through postal ballot under Section 192A of Companies Act, 1956 for increasing the borrowing limit of the Company from 20 crores to 100 crores under section 293(1)(d) and to authorize Board to Mortgage / lease the Companys property under section 293(1)(a) of the Act upto a limit of Rs. 100 crores. 4. Approved the calendar of events. 5. Appointed Mr. Ravindra Chapawat as the scrutinizer for the postal ballot. 6. Approved the Notice of postal ballot required to sent to the shareholders of the Company.

Source : BSE - www.bseindia.com

Published on February 11, 2011

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