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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)   09-Nov-09 13:11Track this thread   Tracked by (0)  
Posted by:   MMB Messenger on ( 09-Nov-09 13:11 )
Price : [IOL Netcom - BSE:Rs. 28.15 NSE:Rs. 44.70 when posted]
IOL Netcom Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 31, 2009, inter alia, has :

1. Approved to pass 4 separate resolution for raising of fund through:

(a) FCCB up to Rs. 450 Crores
(b) QIP up to 200 crores
(c) ADR / GDR up to 300 crores.
(d) NCD / OFCD up to 300 crores

2. Approved the notice of the Postal Ballot.

3. Approved the appointment of Shri Prabhat Maheswari as Scrutinizer.
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