Outcome of Board Meeting
Clutch Auto Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 17, 2012, has transacted the following: 1. Board has approved proposal for allotment of 1,00,00,000 equity warrants convertible into equity shares in next 18 months to promoters and non-promoters.2. Board has authorized Mr. V. K. Mehta, Chairman & Managing Director to take necessary steps in this regard.3. Further up-dation will be submitted for information.