Brakes Auto India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 10, 2013, considered and approved the following :Board by passing the requisite resolutions Issued and allotted 1,70,50,000 (One Crore Seventy Lacs Fifty Thousand) Equity shares of Rs. 10/- (Rupees Ten Each) at par to the Allottees who belongs to both promoter and non-promoter category on preferential basis as per SEBI (ICDR) Regulations....