Article: GANESH POLYTEX ANNOUNCES OUTCOME OF EGM

Report from the India Press Release brought to you by the Hindustan Times

MUMBAI, India, April 14 -- The Bombay Stock Exchange of India made the following corporate announcement:

Ganesh Polytex Ltd., has informed BSE that the members at the Extra-Ordinary General Meeting (EGM) of the Company held on March 24, 2007, inter alia, have accorded to the following:

1. Increase in the existing Authorised Share Capital of the Company comprising of 2,40,00,000 Equity Shares of Rs. 10 each and 3,00,000 Preference Shares of Rs. 100 each aggregating to Rs. 27,00,00,000 to Rs. 28,50,00,000 by creation of further 1,50,000 preference shares of Rs. 100 each so as to comprise of 2,40,00,000 equity Shares of ...

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