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  IOL Netcom   (Stocks)  
BSE Announcements on IOL Netcom
IOL Netcom Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on October 30, 2009, inter alia, have approved the following:

1. Balance Sheet and Profit Loss Accounts for the year ended March 31, 2009.

2. Appointment of Shri. P. L. Chaturvedi as a Director of the Company.

3. Appointment of Harbhakti & Co., Chartered Accountants as a Statutory Auditor of the Company.

4. Appointment of Shri. A. S. Oberai as a Managing Director of the Company.

5. To issue and allot 40,00,000 Equity Shares to Sanjeevani Herbals Pvt. Ltd.

6. To issue and allot 92,50,000 Equity Shares Warrants to following Companies:

- Navdeep Aliminium Pvt. Ltd. - 11,00,000 Equity Share Warrant

- Sumadhav Steel (India) Pvt. Ltd. - 10,00,000 Equity Share Warrant

- Ghantankaran Trading Pvt. Ltd. - 12,00,000 Equity Share Warrant

- Shree Samarth Engineering & Electronics - 8,00,000 Equity Share Warrant Pvt. Ltd.

- Om Music Pvt. Ltd. - 9,00,000 Equity Share Warrant

- Primesec Investments Ltd. - 15,00,000 Equity Share Warrant.
  
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