Friday, November 7, 2008

Netcom Ltd Has Informed That A Meeting - Nov 07, 2008

IOL Netcom Ltd has informed that a meeting of the Board of Directors of the Company will be held on November 12, 2008, inter alia, to consider and approve the following:

1. Raising of funds, whether from India or abroad, either through Borrowing or by way of issue of Equity Shares or any other Securities convertible into equity shares on later date including warrants / ADR / GDR / FCCB / QIB / ECB pursuant to RBI Guidelines, Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000 and any other applicable rules & regulations.

2. Increase the Authorised Capital of the Company.

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