Maytas Infra Ltd has informed that the Board of Directors of the Company at its meeting held on June 30, 2008, inter alia, have also approved the following :
1. To issue Equity Shares under the Employee Stock Option Scheme to the Employees / Directors of the Company :- Subject to the approval of the shareholders at the ensuing Annual General Meeting theBoard has approved to grant the equity shares up to 3% of the paid-up capital of theCompany under the Employee Stock Option Scheme to the employees of the Company.
2. To issue Equity Shares under the Employee Stock Option Scheme to the Employees / Directors of the Subsidiary Companies :- Subject to the approval of the shareholders at the ensuing Annual General Meeting the Board has approved to grant the equity shares up to 3% of the paid-up capital of the Company under the Employee Stock Option Scheme to the employees of the Subsidiary Companies.
3. Re-appointment of Statutory Auditors of the Company :- Subject to the approval of the members of the Company, the Board of Directors have given their consent for the re-appointment of M/s S R Batliboi & Associates, Chartered Accountants, as Sole Statutory Auditors of the Company to hold office from conclusion of the ensuing Annual General Meeting until the conclusion of the next Annual General Meeting at such remuneration as may be determined by the Board of Directors of the Company.
4. To transfer the investments made in BOT / Infrastructure Development Companies to wholly owned subsidiary Company :- Subject to the approval of the lenders and other partners of the respective BOT / Infrastructure Development Companies, it is proposed to transfer investments along with other amounts i.e., Advances, Share Application Money etc. to Maytas Infra Assets Ltd (a wholly owned subsidiary of Maytas Infra Ltd) and / or such other existing or proposed subsidiary company/ies as may be deem fit on the date of transfer.
1. To issue Equity Shares under the Employee Stock Option Scheme to the Employees / Directors of the Company :- Subject to the approval of the shareholders at the ensuing Annual General Meeting theBoard has approved to grant the equity shares up to 3% of the paid-up capital of theCompany under the Employee Stock Option Scheme to the employees of the Company.
2. To issue Equity Shares under the Employee Stock Option Scheme to the Employees / Directors of the Subsidiary Companies :- Subject to the approval of the shareholders at the ensuing Annual General Meeting the Board has approved to grant the equity shares up to 3% of the paid-up capital of the Company under the Employee Stock Option Scheme to the employees of the Subsidiary Companies.
3. Re-appointment of Statutory Auditors of the Company :- Subject to the approval of the members of the Company, the Board of Directors have given their consent for the re-appointment of M/s S R Batliboi & Associates, Chartered Accountants, as Sole Statutory Auditors of the Company to hold office from conclusion of the ensuing Annual General Meeting until the conclusion of the next Annual General Meeting at such remuneration as may be determined by the Board of Directors of the Company.
4. To transfer the investments made in BOT / Infrastructure Development Companies to wholly owned subsidiary Company :- Subject to the approval of the lenders and other partners of the respective BOT / Infrastructure Development Companies, it is proposed to transfer investments along with other amounts i.e., Advances, Share Application Money etc. to Maytas Infra Assets Ltd (a wholly owned subsidiary of Maytas Infra Ltd) and / or such other existing or proposed subsidiary company/ies as may be deem fit on the date of transfer.
No comments:
Post a Comment