For Emergency BLOOD requirement in any city in India, SMS to 5676775
"Blood < s p a c e > PIN code of your city < s p a c e > required blood group < s p a c e > your name"

Saturday, 17 November 2007

Essar Oil Board Meeting

Essar Oil Limited has informed the Exchange that at a meeting of the Board of Directors of the Company held on November 16, 2007 the following business was transacted.

(1) Expansion of the refinery capacity from 10.5 MMTPA to 34 MMTPA.
(2) Raising of US$ 2.00 billion by issue of GDSs to Promoters/ Promoter Group on a Preferential offer basis.
(3) Calling an Extraordinary General Meeting on December 18, 2007. In this regard Company has submitted a copy of press release dated November 16, 2007, titled "Essar Oil to expand refinery capacity to 34 million tonnes per annum at a cost of approx. US$ 6 billion".

The details of business transacted at the Board Meeting and copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

For more details on Essar Oil Board Meeting, click here.

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)
Miscellaneous Articles - Live Data - Charts - R E G U L A R - A R T I C L E S - Some Blogs - BSE Links - NSE Equity Links - NSE FnO Links - NSE Links - SEBI Links - Websites/Web-Links - Business Papers - Mutual Funds - Forums for Interaction
Disclaimer : Recommendations or suggestions given here are totally free. Care has been taken to give correct advice / information / recommendations / suggestions /tips. We take no guarantee that the mentioned analysis will work to your benefit. Since we are involved in the market, we take pleasure in giving the best for the benifit of all. We have interest in the market and may or may not have positions in some or all of the stocks that are mentioned. We do not have any clients as such. These views are purely personal. We do not take any responsibility in any profits or losses that any one incurs as a result of these views / suggestions / recommendations / advice / tip /etc. Please do your own due diligence before initiating any trades as a result of this information.

Followers