Mahindra & Mahindra Financial Services Ltd has reported Extra Ordinary General Meeting (EGM) of the members of the Company that will be held on February 19, 2008, inter alia, to manage the following:
1. To enlarge the Authorised Share Capital of the corporation from Rs 140,00,00,000 divided into 9,00,00,000 Crores evenhandedness Shares of Rs 10 (Rupees Ten), each and 50,00,000 (Fifty Lakhs) usable Preference share of Rs 100 every to Rs 160,00,00,000 (Rupees One Hundred Sixty Crores) alienated into 11,00,00,000 (Eleven Crores) impartiality Shares of Rs 10 (Rupees Ten) each and 50,00,000 (Fifty Lakhs) usable favorite share of Rs 100 (Rupees Hundred) each by the creation of more 2,00,00,000 (Two Crores) impartiality Shares of Rs 10 (Rupees Ten) each and consequential modification in the Clause V of the memo of Association and article of Association of the corporation.
2. Authority to the Board to generate, offer, subject and allot to TPG-Axon (Mauritius) II Ltd and Standard Chartered Pvt Equity (Mauritius) Ltd cumulatively upto 1,09,00,000 (One Crore Nine Lakhs) fairness share of Rs 10 (Rupees Ten) every at a premium of Rs 370 (Rupees Three Hundred Seventy) per share aggregate Rs 414,20,00,000 (Rupees Four Hundred and Fourteen Crores Twenty Lakhs) in conditions of and on the conditions specified in the SEBI (Disclosure & Investor Protection) Guidelines, 2000, on a preferential allotment basis and on generally various terms of and situation and in such manner as the Board may think fit, without offering the same to any persons who at the date of offer are holders of evenhandedness Shares of the Company, subject to necessary supplies and approvals.
Via
Posted on 27th January 2008
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Alok Industries Ltd has informed that the members of the Company will consider approving the following Resolutions by way of Postal Ballot——————-
1. To offer and issue for cash on a preferential basis
(i) upto 13,75,000 Equity Shares of face value Rs 10/- each of the Company at a premium of Rs 92/- per share to the Promoter Group of the Company being the price determined In accordance with the SEBI (Disclosure and Investor Protection) Guidelines, 2000, as in force on the date of this Notice on or before February 26, 2008; and
(ii) upto 2,00,00,000 Warrants to the Promoter Group of the Company, each Warrant entitling the holder thereof to apply for and be allotted one equity share of the Company, on payment of an exercise price of Rs 102/- per share, (including premium of Rs 92/- per share) being the price determined in accordance with the SEBI (Disclosure and Investor Protection) Guidelines, 2000, as in force on the date of this Resolution, at any time within 18 months from the date of allotment of the Warrants, in two stages viz.
(a) upto 1,00,00,000 Warrants to be converted into Equity Shares on or before March 31, 2009; and (b) upto 1,00,00,000 Warrants to be converted into Equity Shares on or before July 31, 2009 and on such terms as may be deemed appropriate by the Board, subject to necessary provisions & approvals.
Via
Posted on 17th January 2008
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Hotel Leelaventure Ltd has informed that the Committee of Directors on Issues of the Board of Directors, in its meeting held on January 11, 2008, has allotted 3,44,514 nos. of fully paid up Equity Shares of the Company to one of the euro FCCB bondholders who has exercised the option to convert 300 bonds of Euro 1000/- each aggregating to Euro 3,00,000/- into equity shares at Conversion price pursuant to the terms and conditions of the Offering Circular dated September 13, 2005. These equity shares will rank pari passu with the existing equity shares of the Company.
With the allotment of the above shares the Equity Shares upon conversion stands increased from present level of 37,28,86,946 nos. to 37,32,31,460 nos. Equity Shares of Rs 2/- each.
Posted on 11th January 2008
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