Alps Industries

NSE Announcements on Alps Industries

Posted by : MMB Messenger
Price when posted : [Alps Industries - BSE:Rs. 11.50 NSE:Rs. 10.65 when posted]

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Alps Industries Ltd. has informed the Exchange that the meeting of the Board of Directors was held as scheduled on November 28, 2008. The Board of Directors of the company has considered and approved the following matters along with other matters incidental thereto: 1) Further issue of Share Capital. 2) Increase in Authorized share capital. 3) Notice for Extra-ordinary General Meeting. Further, in terms of the note placed before the Board and according to the declarations received from the investors of the outstanding 40,00,000 Zero Coupon Convertible Warrants; the investors have surrendered their option to get equity. The entire amount of Rs. 260.00 Lacs deposited by the investors on issue of warrants to them has been forfeited in terms of the relevant SEBI Guidelines. The members of the Board have taken on record this development and surrendered Zero Coupon Convertible Warrants need no further action in this respect....

BSE Announcements on Alps Industries

Posted by : MMB Messenger
Price when posted : [Alps Industries - BSE:Rs. 11.50 NSE:Rs. 10.65 when posted]

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Alps Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 28, 2008, inter alia, has considered and approved the following matters along with other matters incidental thereto:

1. Further issue of Share capital.

2. Increase in Authorized share capital.

3. Notice for Extra-ordinary General Meeting.

Further the Company has informed that, in terms of the note placed before the Board and according to the declarations received from the investors of the outstanding 40,00,000 Zero Coupon Convertible Warrants; the investors have surrendered their option to get equity. The entire amount of Rs 260.00 Lacs deposited by the investors on issue of warrants to them has been forfeited in terms of the relevant SEBI Guidelines. The members of the Board have taken on record this development and surrendered Zero Coupon Convertible Warrants need no further action in this respect....

BSE Announcements on Alps Industries

Posted by : MMB Messenger
Price when posted : [Alps Industries - BSE:Rs. 11.30 NSE:Rs. 11.30 when posted]

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Alps Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on November 28, 2008, inter alia, to Consider and approve the following matters:

1. Further issue of Share Capital.

2. Increase in Authorized share capital.

3. Notice for Extra-ordinary General Meeting....