Outcome of EGM

| Updated on March 10, 2011 Published on March 10, 2011

Speciality Papers Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 08, 2011, inter alia, have passed the following Resolution:

1. Approved and passed the Resolution for Increasing the Authorised Share Capital of the Company from Rs.25 Crores to Rs. 275 Crores.

2. Approved and passed the Special Resolution for Issue of 25,00,00,000 Convertible Equity Warrants on Preferential Basis to various Allottees under Section 81 (1A) of the Companies Act, 1956.

3. Approved the Appointment of Mr. Chirag Mehta, Chartered Accountant, as Statutory Auditor of the Company to hold the office until conclusion of the forth coming Annual General Meeting of the Company to fill the vacancy.

Source : BSE - www.bseindia.com

Published on March 10, 2011
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