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:<BR><BR>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.<BR><BR>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.
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