Riba Textiles Ltd has informed that a meeting of the Board of Directors of the Company will be held on July 05, 2008, inter alia, to transact the following:
1. Approve the Offer Document for the proposed reissue of 27,56,900 Forfeited Equity Shares on a proportionate basis to the Existing Equity Shareholders as on the Record Date
2. Fix the Record Date
3. To decide upon the date of opening & Closing of the issue.
Riba Textiles Limited, an 100% Export Oriented Terry Towels manufacturing unit is situated 100 Kms from New Delhi in the state of Haryana.