| ||Outcome of Board Meeting (EGM on March 06, 2012) | 02/09/12 14:45|| |
| ||Visagar Polytex Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 09, 2012, have accorded their approval for the following:|
1. Raising the funds upto Rs. 10 Crores by way of issue of Convertible Warrants on Preferential basis to Promoters and Non-Promoters subject to necessary regulatory approvals.
2. Approval of the draft of the Notice of the Extraordinary General Meeting of the shareholders of the Company to be held on March 06, 2012 at registered office of the Company for considering the business as set out in the Notice.