Post Time：Feb 11,2011Classify:Industry NewsView：506
Sezal Glass Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 10, 2011, inter alia, has approved the following items of business:
1. The issue of 2,00,00,000 Equity Shares of Re. 1/- each at an issue price of Rs. 9/- each to M/s. Brand Equity Treaties Ltd., on preferential basis in terms of Section 81(1A) of the Companies Act, 1956 subject to approval of the Shareholders at the Extra-Ordinary General Meeting to be held on March 08, 2011.
2. Resignation of Mr. Praful Satra from the Board as the Independent Director of the Company.
3. Taken on record the Gas Supply agreement executed with Gujarat Gas Company Ltd. for supply of Natural gas up to July, 2019.
Source: http://www.moneycontrol.com/stocks/stock_market/coAuthor: shangyi
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