TIRUPATI SARJAN LTD. - Outcome of Board Meeting (EGM on Nov 28, 2014)
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| 03 Nov 2014 | |
| Tirupati Sarjan Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 31, 2014, inter alia, has decided to revise Extra Ordinary General Meeting date from November 18, 2014 to November 28, 2014 at 12.00 P.M. at the registered office of the Company for the purpose of Issue of convertible warrants.<br/><br/>Due to Diwali Vacation in office of the company, EOGM Notice were not prepared and dispatched to shareholders of the company.<br/><br/>Further the Company has informed that, No. of warrants to be issued and Price of warrants will be same as per decided in last Board Meeting held on October 18, 2014. The Board had decided to issue 92,00,000 (Ninety Two Lacs) Warrants convertible into Equity shares of Rs. 5/- (Rupees Five only) each to the promoters on preferential basis convertible into 1 (one) Equity share of Rs. 5 (Rupees Five only) each fully paid-up at price of Rs. 11/- (Rupees Eleven Only) including premium of Rs. 6/- (Rupees Six Only) determined in accordance with the SEBI Guidelines.<br/><br/>As Preferential Issue of convertible warrants is subject to approval of shareholders of the company, Extra Ordinary General Meeting of the Company is scheduled on November 28, 2014 on at 12.00 P.M. at the registered office of the Company.<br/><br/>Revised Relevant Record date will be October 28, 2014 for Pricing of Warrants. | |
| View all announcements for TIRUPATI SARJAN LTD. | Source: BSE India |
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