Corporate Announcement
Security Code : 504008    Company : EMCO    
 
Outcome of Board Meeting (EGM on Jan 22, 2015) 
  Exchange Disseminated Time     
Emco Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 19, 2014, has transacted the following;

1. The Board approved the proposal to seek approval of shareholders for adopting a new set of Articles of Association which shall be in line with the requirements of the Companies Act, 2013.

2. The Board approved the proposal to seek approval of shareholders for adopting a new ESOP Scheme with the name "EMCO ESOP Scheme, 2015".

3. The Board approved the proposal to seek approval of shareholders of the Company for making Private Placement Offer / Preferential Issue of equity shares of the Company to Promoter and/or Promoter Group.

4. Further the Board has decided to hold an Extra Ordinary General Meeting of the Company on January 22, 2015 for seeking the approval of aforesaid business.
 

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