NEOGEM INDIA LTD. - Outcome of Board Meeting
| < Back | |
| 02 Sep 2013 | |
| Neogem India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 02, 2013, inter alia, has considered and approved the following:<br/><br/>1. Decided to Increase the Authorized Share Capital of the Company from from Rs.10,00,00,000/- ( Rupees Ten Crores Only) comprising of 1,00,00,000 Equity Shares of Rs. 10/- each to Rs. 20,00,00,000/- (Rupees Twenty Crores Only) by furtther creation of 1,00,00,000 Equity Shares of Rs. 10/- each ranking pari passu with the existing equity shares subject to approval of Members at the ensuing AGM and consequently alter the Memorandum and Articles of Association.<br/><br/>2. Agenda regarding increase in remuneration of Mr. Gaurav Doshi has been deferred.<br/><br/>3. Agenda regarding increase in remuneration of Mr. Ronak Doshi has been deferred.<br/><br/>4. Approved issue of 15,60,000 Equity Warrants to the promoters/promoters group on preferential basis subject to the approval of shareholders at the ensuing AGM at price of Rs. 18/- including a premium of Rs. 8/-. The price arrived is as per Chapter VII of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009. | |
| View all announcements for NEOGEM INDIA LTD. | Source: BSE India |
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback