Corporate News     20-Sep-10
Malu Paper Mills to increase authorised share capital
To raise funds
The board of Malu Paper Mills in its meeting on 17 September 2010 has decided to increase the authorised share capital of the company to Rs. 50 rore.

The board has decided to raise the funds through preferential issue of GDRs / ADRs / FCCBs / QIP / IDRs / Domestic Public / Rights offering / securities in the Domestic / International markets for up to an amount of Rs. 500 crore.

Further, the board has decided to convene extraordinary general meeting on 09 October 2010.

Previous News
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