The board meeting of Vijay Textiles will be held on 28 December 2011 to consider and approve issue of 10% cumulative redeemable preference shares of Rs 100 each to promoters, to consider and approve increase of authorized share capital of the company, to consider and approve amendment of memorandum of association and articles of association of the company and to consider and approve the date of fixation of extraordinary general meeting for seeking approval of the members.