Shriram City Union Finance Ltd has informed that the Business Development Committee of Directors (CoD) at its meeting held on December 29, 2006, has allotted to:
1. Van Gogh Ltd : 40,00,000 Equity shares of Rs 10 each.
2. Shriram Enterprise Holdings Pvt Ltd : 35,00,000 warrants convertible at the option of the holder into Equity Shares of Rs 10 each at the rate of 1 Equity Share for every warrant for cash on preferential basis at the rate of Rs 160/- per share (including a premium of Rs 150/- per share) being the price higher than the price determined under Chapter XIII of SEBI (Disclosure and Investor Protection) Guidelines, 2000 as amended.
Saturday, December 30, 2006
Shiva Cement Members Approve Issue Of Equity Share
Shiva Cement Ltd has informed that the shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on December 29, 2006, have approved the followings:
1. Issue of upto 2535211 Equity Share of Rs 2/- each at a premium of Rs 1.55 per share in terms of respective sanction letters issued by Financial Institutions (i.e., IFCI Ltd) to the Company.
2. Issue of upto 4,50,00,000 Equity Share warrants of Rs 2/- each at a premium of Rs 1.55 per equity share warrant, each warrant being convertible at the option of the holder thereof into one equity share of Rs 2/- each at a premium of Rs 1.55 per share on preferential basis to relatives of Promoters / Directors and various domestic strategic investors. The Offeree shall deposit with the Company a sum of Rs 0.36 per warrant offered to them as subscription amount towards warrant. Such deposit shall not carry any interest.
3. Re-allocation of existing Authorised Share Capital of Rs 2800 Lacs into 13,25,00,000 Equity Shares of Rs 2/- each and 75,00,000 Preference Shares of Rs 2/- each.
1. Issue of upto 2535211 Equity Share of Rs 2/- each at a premium of Rs 1.55 per share in terms of respective sanction letters issued by Financial Institutions (i.e., IFCI Ltd) to the Company.
2. Issue of upto 4,50,00,000 Equity Share warrants of Rs 2/- each at a premium of Rs 1.55 per equity share warrant, each warrant being convertible at the option of the holder thereof into one equity share of Rs 2/- each at a premium of Rs 1.55 per share on preferential basis to relatives of Promoters / Directors and various domestic strategic investors. The Offeree shall deposit with the Company a sum of Rs 0.36 per warrant offered to them as subscription amount towards warrant. Such deposit shall not carry any interest.
3. Re-allocation of existing Authorised Share Capital of Rs 2800 Lacs into 13,25,00,000 Equity Shares of Rs 2/- each and 75,00,000 Preference Shares of Rs 2/- each.
Friday, December 29, 2006
Ess Dee Aluminium Lists Equity Shares
Exchange trading members are hereby informed that effective from December 28, 2006, the equity shares of Ess Dee Aluminium Ltd (Scrip Code : 532787) are listed and admitted to dealings on the Exchange in the list of B1 Group Securities. For further details please refer to the notice no 20061222-16 dated December 22, 2006.
Bombay Swadeshi Members Accord Sub-Division Of Existing Equity Shares
Bombay Swadeshi Stores Ltd has informed that the members at the Extra-Ordinary General Meeting (EGM) of the Company held on December 16, 2006, inter alia, have accorded to the following:
1. Sub-division of the existing equity shares of Rs 10/- each into equity shares of Rs 2/- each by sub dividing 1 equity Share of Rs 10/- (Old Shares) into 5 equity shares of Rs 2/- each, (New Shares).
2. A sum not exceeding Rs 21,00,000/- out of the amount standing to the credit of the Share Premium Account and the Profit and Loss Account, as per the Audited Accounts for the year ended March 31, 2006, as approved at the One Hundredth Annual General Meeting of the Company be and is hereby authorised to be capitalised and set free for distribution amongst the shareholders whose names appear on the Register of Members of the Company on such date, the Record Date, as may be decided by the Board, towards payment in full of upto 10,50,000 equity shares of the Company of the face value of Rs 2/- each out of the unissued equity share capital, forming part of the Authorised Capital of the Company, Bonus Shares, on the following terms and conditions, subject to necessary provisions and approvals.
1. Sub-division of the existing equity shares of Rs 10/- each into equity shares of Rs 2/- each by sub dividing 1 equity Share of Rs 10/- (Old Shares) into 5 equity shares of Rs 2/- each, (New Shares).
2. A sum not exceeding Rs 21,00,000/- out of the amount standing to the credit of the Share Premium Account and the Profit and Loss Account, as per the Audited Accounts for the year ended March 31, 2006, as approved at the One Hundredth Annual General Meeting of the Company be and is hereby authorised to be capitalised and set free for distribution amongst the shareholders whose names appear on the Register of Members of the Company on such date, the Record Date, as may be decided by the Board, towards payment in full of upto 10,50,000 equity shares of the Company of the face value of Rs 2/- each out of the unissued equity share capital, forming part of the Authorised Capital of the Company, Bonus Shares, on the following terms and conditions, subject to necessary provisions and approvals.
Thursday, December 28, 2006
Financial Technologies Committee Allots Equity Shares
Financial Technologies India Ltd has informed that the meeting of the Committee of Directors (CoD) of the Company held on December 27, 2006 has allotted 83550 equity shares to the employees of the Company / Subsidiary on account of conversion of Stock Options under ESOP - 2005.
Shriram City Union Committee to allot Equity Shares
Shriram City Union Finance Ltd has informed that a meeting of the Committee of Directors (CoD) of the Company will be held on December 28, 2006 to discuss and approve allotment of:
1. upto 8,00,000 Equity Shares of Rs 10/- each to CPIM Structured Credit Fund A 1000 Ltd.3. upto 22,00,000 Equity Shares of Rs 10/- each to CPIM Structured Credit Fund A 20 Ltd.
1. upto 8,00,000 Equity Shares of Rs 10/- each to CPIM Structured Credit Fund A 1000 Ltd.3. upto 22,00,000 Equity Shares of Rs 10/- each to CPIM Structured Credit Fund A 20 Ltd.
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