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Indage Vintners to increase authorised share capital

The members of Indage Vintners have approved ordinary resolution for increase in authorised share capital of the company from Rs 25,00,00,000 to Rs 40,00,00,000.

The members have also approved special resolution for issue for 1,03,00,000 equity share warrants of Rs 10 each on a preferential basis to the investors and also issue of equity shares through QIP for an aggregate sum not exceeding Rs 110 crores QIBs.

This was approved at the extra ordinary general meeting held on 04 July 2009.

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