Ideal Optics Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 03, 2014, has decided following business:
1. To raise funds by offering, issuing and allotting Equity Shares upto Rs. 20 Crores by way of Preferential lssue.
2. To increase the Authorised Capital from Rs. 5 Cr. To Rs. 20 Cr.
3. To convene the Extra Ordinary General Meeting of the Shareholders of the Company on February 27, 2014 to approve above and other related business.