| Exchange Disseminated Time |
|Omega Ag-Seeds Punjab Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on December 06, 2011, have considered and approved the following:|
1. The Special resolution under Section 81 (1A) authorizing the Board of Directors to issue and allot 35,00,000 equity shares of the Company on preferential basis to selected persons other than the promoters at a price of Rs. 17 per share (including a premium of Rs. 7 per share) was unanimously passed by the members present and voting in person and by proxy.
2. The Special resolution under Section 293(1D) for authorizing the Board to Borrow upto Rs. 100 Crores was unanimously passed by the members present and voting in person and by proxy.