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Moneycontrol.com >> Messageboard >> Stocks >> IOL Netcom >> BSE Announcements on IOL Netcom
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BSE Announcements on IOL Netcom (1)   03-Nov-09 16:27Track this thread   Tracked by (0)  
Posted by:   MMB Messenger on ( 03-Nov-09 16:27 )
Price : [IOL Netcom - BSE:Rs. 25.60 NSE:Rs. 39.90 when posted]
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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