Monday, March 10, 2008

Gontermann Peipers - Outcome Of EGM

Gontermann Peipers India Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 07, 2008, inter alia, have unanimously approved the following:Mumbai:

1. To issue, offer and allot, in course of one or more public and / or private offerings in domestic and / or one or more International markets any securities including Global Depository Receipts (GDRs) and / or American Depository. Receipts (ADRs), Foreign Currency Convertible Bonds (FCCBs), Secured Premium Notes (SPNs) and / or any other financial instruments convertible into equity shares or linked to equity shares, preference shares whether Cumulative / Redeemable / Convertible the option of the Company and / or the option of the holders of such securities and / or securities linked to equity shares / preference shares and / or any instrument or securities representing convertible securities such as convertible debentures, bonds or warrants or such similar instruments convertible into Depository Receipts with underlying equity shares & equity shares / preference shares, (Securities) to be subscribed by foreign / domestic investors / institutions / Non-resident Indians and / or companies / corporate bodies / entities whether incorporated in India or abroad including mutual funds, banks, insurance companies, pension funds and / or individuals or otherwise whether or not such persons /entities / investors are Members of the Company as may be deemed appropriate by the Board and permitted under applicable laws and regulations up to an aggregate amount not exceeding USD 50 Million (US Dollars Fifty Million) or equivalent with Green Shoe Option, as may be applicable

No comments: