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India: HDFC Bank to take stake in ASP co.

Business Line

| July 18, 2000 | COPYRIGHT 1999 Kasturi & Sons Ltd. (Hide copyright information)Copyright

** Change in Registered Address

Sanjeevni Industries: 30/A/1, Takshila, Mahakali Caves Road, Andheri (West), Mumbai

G. L. Hotels: The board of directors has decided as under:

1. To revoke the following decision taken by the board in the meeting held on June 6:

a. Amendment to the MoA and AoA to reclassify the authorised share capital.

b. To seek shareholders' approval to offer, issue and allot up to 7,00,000 CCPS through preferential allotment.

2. To seek shareholders' approval to offer, issue and allot up to 50 lakh equity shares of Rs.10 each at a premium of Rs.5 per share to the promoters and/or promoter group …

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