iStreet Network Limited - Outcome of Board Meeting (EGM on Nov 19, 2014)
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| 20 Oct 2014 | |
| iStreet Network Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 20, 2014, inter alia, approved the following:-<br/><br/>1. Issue of 150,000 Equity Shares on preferential basis to Investors at a price of Rs. 20/- per share in accordance with the provisions of Chapter VII of SEBI (ICDR) Regulations, 2009.<br/><br/>2. Issue of 765,000 Equity Warrants on preferential basis to Investors and 3,10,000 Equity Warrants to Promoters at a price of Rs. 20/- per warrant, in accordance with the provisions of Chapter VII of SEBI (ICDR) Regulations, 2009.<br/><br/>3. Convening Extra Ordinary General Meeting on November 19, 2014 for the purpose.<br/><br/>Further the Board members also noted the following:<br/><br/>4. Completion of transaction for disposal of underperforming asset of pharmaceutical business on October 18, 2014. The Company registered the transfer and handed over the assets to the buyer. | |
| View all announcements for iStreet Network Limited | Source: BSE India |
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