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TRICOM INDIA LTD. - Outcome of Board Meeting
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12 Jan 2015
Tricom India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 12, 2015, inter alia, have approved followings:&lt;BR&gt;&lt;BR&gt;1. Issue and Allotment of 57,75,000 Equity Shares of Rs. 2/- each on preferential basis, in accordance with Chapter VII of SEBI (ICDR) Regulation 2009, at a price being not lower than the minimum price calculated in accordance with Regulation 76 of SEBI (ICDR) Regulation 2009 Subject to the approval of Shareholders.&lt;BR&gt;&lt;BR&gt;2. Issue and Allotment of 1,76,20,000 Fully Convertible Warrants of Rs. 2/- each, and each warrant convertible into l(one) Equity Share of face value of Rs. 2/- each on preferential basis, in accordance with Chapter VII of SEBI (ICDR) Regulation 2009, at a price being not lower than the minimum price calculated in accordance with Regulation 76 of SEBI (ICDR) Regulation 2009 Subject to the approval of Shareholders.
View all announcements for TRICOM INDIA LTD. Source: BSE India