Sql Star International Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on August 29, 2009, inter alia, have passed the following resolutions with unanimous majority:
1. Issue of shares on preferential basis as per section 81 (1A) of the Companies Act,
1956.
2. Issue of share warrants on a preferential baths pursuant to section 81 (1A) of the Companies Act, 1956.
3. To borrow money including the monies already borrowed pursuant to section 293(1)(d) for a limit not exceeding Rs. 35 crores.
4. To mortgage / create charge including the mortgages / charges created already for securing the borrowings of the Company or its subsidiaries by way of loan for an aggregate value which shall not exceed Rs. 35 crores.
| NIFTY 
