Photoquip India Ltd will hold an extra ordinary general meeting (EGM) of the members of the company on June 14, 2005 to consider increasing the authorized share capital of the company from Rs 6 crore divided into 60 lakh equity shares of Rs 10 each to Rs 15 crore divided into 1.50 crore equity shares and consequential amendments in the memorandum and articles of association of the company.

The members will also consider issuing up to 1 crore warrants on preferential basis, convertible into 1 crore equity shares of Rs 10 each at a price of Rs 23 per share including Rs 13 as premium.

Shares of Photoquip India were last traded on BSE at Rs 21.40, down 4.89 per cent.