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NSE Announcements on Oudh Sugar Mill
Posted by :
MMB MessengerThe Oudh Sugar Mills Ltd has informed the Exchange that the Board of Directors at their meeting held on August 25, 2009 decided to fix September 22, 2009 as Cut Off Date for issuance of notice to the shareholders for the purpose of ascertaining voting rights of shareholders at the ensuing EGM slated to be held on October 19, 2009....
BSE Announcements on Oudh Sugar Mill
Posted by : MMB MessengerOudh Sugar Mills Ltd has informed BSE that the Board of Directors at their meeting held on August 25, 2009 decided to fix September 22, 2009 as the Cut Off Date for issuance of notice to the shareholders for the purpose of ascertaining voting rights of shareholders at the ensuing EGM slated to be held on October 19, 2009....
BSE Announcements on Oudh Sugar Mill
Posted by : MMB Messenger
Oudh Sugar Mills Ltd has informed BSE that the Board of Directors at their meeting held on September 01, 2009 has decided to convert 39,98,240 detachable warrants (in to Equity Shares) issued on Rights basis at a conversion price of Rs. 42.63 per warrant. Further September 22, 2009 has been fixed as the Record date for reckoning the eligibility of warrant holders for conversion of Warrants into Equity Shares. The Warrant Conversion period shall begin on and from September 24, 2009 and shall last up to October 22, 2009. The Warrant Exercise Application Form shall be dispatched to the warrant holders at the close of business hours of September 22, 2009 to those warrant holders whose names appear on the Register of Warrant holders of the Company on that date.
Further the Company has informed that, 3998240 Detachable Warrants issued on Rights Basis shall be converted into 3998240 Equity Shares of Rs. 10 each....
NSE Announcements on Oudh Sugar Mill
Posted by : MMB MessengerThe Oudh Sugar Mills Ltd has informed the Exchange vide its letter dated September 01, 2009 that "The Board of Directors at their meeting held today have decided to convert 39,98,240 detachable warrants (in to Equity Shares) issued on Rights basis at a conversion price of Rs. 42.63 per warrant. Further 22nd September, 2009 has been fixed as the Record date for reckoning the eligibility of warrant holders for conversion of Warrants into Equity Shares. The Warrant Conversion period shall begin on and from 24th September, 2009 and shall last up to 22nd October, 2009. The Warrant Exercise Application Form shall be dispatched to the warrant holders at the close of business hours of 22nd September, 2009"....
BSE Announcements on Oudh Sugar Mill
Posted by : MMB MessengerOudh Sugar Mills Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 01, 2009, inter alia, has decided to convert 39,98,240 detachable warrants (in to Equity Shares) issued on Rights basis at a conversion price of Rs. 42.63 per warrant....
BSE Announcements on Oudh Sugar Mill
Posted by : MMB MessengerOudh Sugar Mills Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on September 01, 2009, inter alia, to consider, the issue related to conversion of 39,98,240 Detachable Warrants into Equity Shares issued in terms of Letter of Offer dated July 17, 2008 along with Equity Shares of equal numbers on Rights basis....
NSE Announcements on Oudh Sugar Mill
Posted by : MMB MessengerThe Oudh Sugar Mills Ltd had informed the Exchange with reference to issuance of shares by the Company under Qualified Institutional Placement (QIP) Guidelines that one of the condition of the issue under QIP Guidelines is that the total amount of securities to be issued shall not exceed 5 % of the net worth of the Company, as per latest audited Balance Sheet. The Company has now informed the Exchange that, it should be as follows : "The issue size shall not exceed five times the net worth of the Company, as per latest audited Balance Sheet."...
BSE Announcements on Oudh Sugar Mill
Posted by : MMB Messenger
With reference to earlier announcement dated August 26, 2009 regarding Outcome of Board Meeting, Oudh Sugar Mills Ltd has now informed BSE that the Company had inadvertently written that one of the conditions of the issue under QIP Guidelines is that the total amount of securities to be issued shall not exceed 5% of the net worth of the Company, as per latest audited Balance Sheet.
The Company has further clarified that the issue size shall not exceed five times the net worth of the Company, as per the latest audited Balance Sheet....
NSE Announcements on Oudh Sugar Mill
Posted by : MMB MessengerThe Oudh Sugar Mills Ltd has informed the Exchange vide notes to Accounts in the Audited Financial Results for the Year ended June 30,2009 (taken on record by the Board of Directors of the Company at its meeting held on August 25, 2009) that : "During year, the Company has issued 39,98,240 Equity Shares of Rs 10 each at a premium of Rs 50 per share on Rights basis alongwith Detachable Warrant. Out of above 2,53,125 equity shares have been forfeited due to non-receipt of the call money of Rs.30 per share. Further, the total proceeds of Right issue have been utilised for the purpose for which the money was raised"....
BSE Announcements on Oudh Sugar Mill
Posted by : MMB MessengerOudh Sugar Mills Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 25, 2009, has passed an enabling resolution authorizing the Finance & Corporate Affairs Committee of the Board of Directors to decide on various issues connected with issuance of shares to qualified institutional bidders under QIP guidelines subject to the limits prescribed under QIP guidelines under Chapter XIII A of the DIP guidelines. One of the conditions is that the total amount of securities to be so issued under QIP issue shall not exceed 5% of net worth of the Company as per the latest audited balance sheet....
NSE Announcements on Oudh Sugar Mill
Posted by : MMB MessengerThe Oudh Sugar Mills Ltd has informed the Exchange that "the Board of Directors at its meeting held on August 25, 2009 has passed an enabling resolution authorising the Finance & Corporate Affairs Committee of the Board of Directors to decide on various issues connected with issuance of shares to qualified institutional bidders under QIP guidelines subject to the limits prescribed under QIP guidelines under Chapter XIIIA of the DIP guidelines. One of the conditions is that the total amount of securities to be so issued under QIP issue shall not exceed 5% of net worth of the Company as per the latest audited balance sheet"....
NSE Announcements on Oudh Sugar Mill
Posted by : MMB MessengerThe Oudh Sugar Mills Ltd has informed the Exchange regarding the details as per requirement of clause 20 of the listing Agreement. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
BSE Announcements on Oudh Sugar Mill
Posted by : MMB MessengerOudh Sugar Mills Ltd has informed BSE about the Financial Results for the Quarter & Year ended June 30, 2009...
BSE Announcements on Oudh Sugar Mill
Posted by : MMB MessengerOudh Sugar Mills Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 25, 2009, inter alia, has recommended dividend @ Rs 1.50 per Equity Share for the year ended June 30, 2009....
NSE Announcements on Oudh Sugar Mill
Posted by : MMB MessengerThe Oudh Sugar Mills Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on August 25, 2009 have recommended dividend @ Rs. 1.50 per Equity Share for the year ended June 30, 2009....
