Industrial Investment Trust Ltd has informed that the Register of Members & Share Transfer Books of the Company will remain closed from September 20, 2008 to September 27, 2008 (both days inclusive) for the purpose of payment of dividend & Annual General Meeting (AGM) of the Company to be held on September 27, 2008.
Showing posts with label Industrial Investment. Show all posts
Showing posts with label Industrial Investment. Show all posts
Thursday, July 17, 2008
Industrial Investment fixes Book Closure for Dividend & AGM - July 17, 2008
Industrial Investment Trust Ltd has informed that the Register of Members & Share Transfer Books of the Company will remain closed from September 20, 2008 to September 27, 2008 (both days inclusive) for the purpose of payment of dividend & Annual General Meeting (AGM) of the Company to be held on September 27, 2008.
Friday, March 14, 2008
Kesar Petroproducts - Outcome of EGM
Kesar Petroproducts Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 10, 2008, inter alia, have accorded the following:
1. In accordance with the Order of the Honble Board of Industrial and Financial Reconstruction passed on August 17, 2007 sanctioning the Scheme of Rehabilitation in accordance with the provisions of the Sick Industrial Companies (Special Provisions) Act, 1985, and subject to necessary provisions and approvals, to accord consent to the Board for :
(a) Reducing the value of the existing fully paid up 2,67,31,735 Equity Shares of Rs 10/- each aggregating to Rs 26,73,17,350/- (Rupees Twenty Six Crores Seventy Three Lakhs Seventeen Thousand Three Hundred Fifty only) into the said fully paid up Equity Shares of the face value of Re 0.10 each (Ten Paise only) and by issuing and allotting 2,67,317 new Equity Shares of Rs 10/- each or such number of the said Shares as may be required to be so issued and allotted to the nearest integer in the ratio of One new Equity Share of Rs 10/- each for every 100 (One Hundred) existing Equity Shares of Rs 10/- each, the holders of less than 50 existing Equity Shares not being entitled to and thus not being allotted any new Equity Shares and the holders holding more than 50 existing Equity Shares being entitled to and allotted One new Equity Share of Rs 10/- each.
(b) The Equity Shares of Rs 10/- (Rupees Ten only) each shall be cancelled in the proportion of 99% of the number of Equity Shares held by each Equity Shareholder, held on the Record Date, the Company shall determine in consultation with the Listing Agreement with the Stock Exchange where the Companys Shares are Listed (but remain suspended due to non-filing of- periodical returns with BSE) subject to the terms of cancellation of Equity Share fractions as given hereunder
1. In accordance with the Order of the Honble Board of Industrial and Financial Reconstruction passed on August 17, 2007 sanctioning the Scheme of Rehabilitation in accordance with the provisions of the Sick Industrial Companies (Special Provisions) Act, 1985, and subject to necessary provisions and approvals, to accord consent to the Board for :
(a) Reducing the value of the existing fully paid up 2,67,31,735 Equity Shares of Rs 10/- each aggregating to Rs 26,73,17,350/- (Rupees Twenty Six Crores Seventy Three Lakhs Seventeen Thousand Three Hundred Fifty only) into the said fully paid up Equity Shares of the face value of Re 0.10 each (Ten Paise only) and by issuing and allotting 2,67,317 new Equity Shares of Rs 10/- each or such number of the said Shares as may be required to be so issued and allotted to the nearest integer in the ratio of One new Equity Share of Rs 10/- each for every 100 (One Hundred) existing Equity Shares of Rs 10/- each, the holders of less than 50 existing Equity Shares not being entitled to and thus not being allotted any new Equity Shares and the holders holding more than 50 existing Equity Shares being entitled to and allotted One new Equity Share of Rs 10/- each.
(b) The Equity Shares of Rs 10/- (Rupees Ten only) each shall be cancelled in the proportion of 99% of the number of Equity Shares held by each Equity Shareholder, held on the Record Date, the Company shall determine in consultation with the Listing Agreement with the Stock Exchange where the Companys Shares are Listed (but remain suspended due to non-filing of- periodical returns with BSE) subject to the terms of cancellation of Equity Share fractions as given hereunder
Thursday, March 6, 2008
Industrial Investment - Outcome Of Board Meeting
Industrial Investment Trust Ltd has informed that the Board of Directors of the Company at its meeting held on March 05, 2008, has transacted the following:
1. Appointed Dr. B Samal and Mr. T M Nagrajan as Additional Directors with immediate effect.
2. Noted resignations of Mr. C P Khandelwal, Mr. Sanjay Dangi and Mr P H Arvindh Pandian as Directors with immediate effect.
3. Appointed Dr. B Samal as the Chairman of the Company.
1. Appointed Dr. B Samal and Mr. T M Nagrajan as Additional Directors with immediate effect.
2. Noted resignations of Mr. C P Khandelwal, Mr. Sanjay Dangi and Mr P H Arvindh Pandian as Directors with immediate effect.
3. Appointed Dr. B Samal as the Chairman of the Company.
Subscribe to:
Posts (Atom)
