M/s. PARIJAT PAPER MILLS LIMITED

Outcome of the Extra Ordinary Meeting General Meeting

 

The shareholders in their Extra Ordinary General meeting held on 10th December, 2009 has approved the following:-

Ø      Increase in Authorized Capital of the company

The approval is given for the increase in the Authorised paid up capital of the company from Rs.3,00,00,000 (Rupees Three Crore Only) divided into 30,00,000 (Thirty Lac Only) Equity Shares of Rs.10/- (Rupees Ten) each to Rs.3,50,00,000 (Rupees Three Crore Fifty Lac only) divided into 35,00,000 (Thirty Five lac Only) Equity Shares of Rs.10/- (Rupees Ten) each.

 

Ø      Preferential allotment of 10,00,000 Equity shares to the Non-Promoter

Approval is being given for the Preferential allotment of 10,00,000 Equity shares of Rs.10/- each of the company to the persons belonging to Non-Promoter Group at the rate of Rs.50/- per share.