| 23-Jan-12 |
| Alfa Transformers Ltd has informed BSE that the Board of Directors in their Circular Resolution pass on December 17, 2011 decided to hold an Extra-ordinary General Meeting of the Company on January 23, 2012 at 11.00 A.M. at the Registered Officer of the Company, 3337, Mancheswar Industrial Estate, Bhubaneswar.
Alfa Transformers Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company was held on January 23, 2012.
(As Per BSE Announcement Website dated on 24.01.2012) |
| 29-Apr-06 |
| Inter alia, has resolved the following:
1. Issue of equity shares and equity warrants convertible into equity shares by way of Preferential Allotment under Section 81(1A) of the Companies Act, 1956 to promoters for consideration other than cash of 2,30,000 equity shares of Rs 10/- each at a premium of Rs 52/- per share and to non promoters for cash upto the extent of 6,00,000
equity shares of Rs 10/- each at a premium of Rs 52/- per share and 6,30,000 equity warrants to be converted, at the option of the Investor, into equal number of equity shares of Rs 10/- each, at a premium of Rs 67/- per share.
2. Convening the Extraordinary General Meeting of the Company on April 29, 2006 for obtaining approval of members of the Company, inter alia, for the above resolutions.
EGM 29/04/2006
inter alia, has resolved the following:
Approval for issue of equity shares and equity warrants convertible into equity shares by
way of Preferential Allotment under Section 81(1A) of the Companies Act, 1956 to promoters for consideration other than cash of 2,30,000 equity shares of Rs 10/- each at a premium of Rs
52/- per share and to non promoters for cash upto the extent of 6,00,000 equity shares of Rs
10/- each at a premium of Rs 52/- per share and 6,30,000 equity warrants to be converted, at
the option of the Investor, into equal number of equity shares of Rs 10/- each, at a premium of
Rs 67/- per share.
The Company has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on April 10, 2006, inter alia, have unanimously resolved the following:
1. Increase of Authorised capital of the Company from Rs 50 million to Rs 60 million.
2. Alteration of Memorandum of Association of the Company.
3. Alternation of Articles of Association of the Company.
4. The Board of Directors have not recommended the resolutions of issue of equity shares and warrants on preferential basis for non compliance of certain guidelines of Preferential Allotment of Shares, so the members have decided to put
this item in the next Extra Ordinary General Meeting to be held on April 29, 2006.
5. Extend the investment limits of FIIs/NRIs to 49% of paid up equity capital of the Company.
6. Increase the borrowing limits up to Rs 200 million in excess of aggregate of paid up capital and its free reserves.
(As per BSE Bulletin dated on 12/04/2006)
EGM 29/04/2006
inter alia, to seek members approval for issue, offer and allotment of the shares and warrants
as follows:
a. 6,00,000 shares on preferential basis for cash, at a price of Rs 62/- per share (Rs 10/- face
value + Rs 52/- premium) being the price which is in accordance with the SEBI guidelines for
preferential issues to the Strategic Ventures Fund (Mauritius) Ltd.
b. 2,30,000 shares for consideration other than cash to the Promoter namely "Galaxy Medicare
Ltd" (Galaxy) on preferential basis at a price of Rs 62/- per share (Rs 10/- face value + Rs 52/-
premium) being the price which is in accordance with the SEBI guidelines for preferential
issues.
c. 6,30,000 warrants on preferential basis convertible into 6,30,000 equity shares of Rs 10/-
each at a price of Rs 77/- per share (Rupees 10/- face value + Rupees 67/- premium) for cash
being the price which is in accordance with the SEBI guidelines for preferential issues to the
proposed entities.
(As per BSE Bulletin dated on 17/04/2006)
Alfa Transformers Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on April 29, 2006, inter alia, have given authority to the Board to offer, issue and allot the shares and warrants as following: a. 6,00,000 Shares on preferential basis, for cash, at a price of Rs 62/- per Share (Rs 10/- face value + Rs 52/- Premium)
being the price which is in accordance with the SEBI guidelines for preferential Issues, to the Strategic Ventures Fund (Mauritius) Ltd. b. 2,30,000 Shares for consideration other than cash to the Promoter namely "Galaxy Medicare Ltd" (Galaxy) on preferential basis at a price of Rs. 62/- per Share (Rs 10/- face value + Rs 52/- Premium) being the price which is in accordance with the SEBI guidelines for preferential issues. c. 6,30,000 warrants on preferential basis convertible into 6,30,000 Equity shares of Rs 10/- each at a price of Rs 77/- per Share (Rupees 10/- Face value + Rupees 67/- Premium) for cash, being the price which is in accordance with the SEBI guidelines for preferential issues, to the proposed person(s) / entity(s). Further the Company has informed that the aforesaid warrants be converted at the option of the holder at any time between 6 Months to within 18 months from the date of issue, into one fully paid-up Equity Share of Rs 10/- each at a price of Rs 77/- (Rs 10/- face value + Rs 67/- premium), determined in accordance with the prevailing SEBI (Disclosure and Investor Protection) Guidelines, 2000 of the conversion price of Rs 77/- per share as aforesaid, a sum equivalent to Rs 7.70 per
warrant as per SEBI (Disclosure and Investor Protection) Guidelines, 2000, be received on the date of allotment of said warrants.
(As per BSE Bulletin dated on 09/05/2006) |
| 10-Apr-06 |
| Inter alia, has resolved the following:
1. Increase in the Authorized Share Capital of the Company from Rs Five Crores to Six Crores by creation of 10,00,000 equity shares of Rs 10/- each.
2. Issue of equity shares and equity warrants convertible into equity shares by way of
Preferential Allotment under Section 81(1A) of the Companies Act, 1956 to promoters / non promoters for cash and other than cash to the extent of 8,30,000 equity shares of Rs 10/- each at a premium of Rs 51/- per share and 6,30,000 equity warrants to be converted, at the option of the Investor, into equal number of equity shares of Rs 10/- each, at a premium of Rs 70/- per share.
3. Extending the Investment Limit of FIIs / NRIs.
4. Convening the Extra Ordinary General Meeting of the Company on April 11, 2006, for obtaining approval of members of the Company, inter alia, for the above resolutions.
EGM 10/04/2006
(Revised)
Approval for the following:
1. Increase in the Authorized Share Capital of the Company from Rs Five Crores to Six Crores
by creation of 10,00,000 equity shares of Rs 10/- each.
2. Issue of equity shares and equity warrants convertible into equity shares by way of
Preferential Allotment under Section 81(1A) of the Companies Act, 1956 to promoters / nonpromoters for cash and other than cash to the extent of 8,30,000 equity shares of Rs 10/- each
at a premium of Rs 51/- per share and 6,30,000 equity warrants to be converted, at the option
of the Investor, into equal number of equity shares of Rs 10/- each, at a premium of Rs 70/-
per share.
3. Extending the Investment Limit of FIIs / NRIs.
EGM 10/04/2006
(Revised)
To consider inter alia the following business:
1. To create additional 10,00,000 equity shares of Rs 10/- each and thereby increasing the Authorized Share Capital of the company from 50,00,000 equity shares of Rs 10/- each to 60,00,000 equity shares of Rs 10/- each & consequential amendment in the Memorandum & Articles of Association of the Company.
2. To issue, offer and allot the Shares and warrants as following:
a) 6,00,000 Shares on preferential basis, for cash, at a price of Rs 61 per Share (Rs 10/- face
value + Rs 51/- Premium) being the price which is in accordance with the SEBI guidelines for
preferential issues, to the Strategic Venture Funds (Mauritius) Ltd.
b) 2,30,000 Shares for consideration other than cash to the Promoter namely "Galaxy Medicare Ltd" (Galaxy) on preferential basis at a price of Rs 61/- per share (Rs 10/- face value + Rs 51/- Premium) being the price which is in accordance with the SEBI guidelines for preferential issues.
c) 6,30,000 warrants on preferential basis convertible into 6,30,000 Equity Shares of Rs 10/-
each at a price of Rs 80/- per Share (Rupees 10/- Face value + Rupees 70/- Premium) for cash,
being the price which in accordance with the SEBI guidelines for preferential issues, to the
proposed allottees.
3. To allow acquisition of shares / debentures of the Company by Foreign Institutional Investors (FIIs) registered with Securities and Exchange Board of India and Non-Resident Indians (NRIs) through Portfolio Investment Scheme, and for in accordance with other permissible modes subject to the following conditions:
a) The total purchase's / shareholding by each FII / SEBI approved sub account shall not exceed 10% of the paid up share capital or 10% of the paid up value of each series of convertible debentures and the total shareholding of all FIIs / SEBI approved sub accounts shall not exceed 49% of the paid up equity capital of the Company or the total paid up value of each series of convertible debentures of the Company.
b) The total purchases / shareholding by FIIs / SEBI approved sub accounts shall be within
the overall ceiling limit of 49% of the paid up equity of the Company or the total paid up value
of each series of convertible debentures of the company and may be enhanced upto statutory limit as may be prescribed by the Department of Industrial Policy and Promotion, Govt. of India and the Reserve Bank of India.
c) Investment made by any single NRI under Portfolio Investment Scheme both on repatriation and non repatriation basis in the equity / preference shares and convertible debentures of the Company shall not exceed 5% of the total paid-up equity or preference capital of the company or 5% of the total paid up value of each series of convertible debentures of the Company and the aggregate of the investments made by all the NRIs shall not exceed 10% of the total paid up capital or preference capital of the company or 10% of the total paid up value of each series of convertible debentures of the Company and approval of the members of the company be and is hereby accorded to raise this limit of 10% upto 49% of
the paid up equity capital of the company or the total paid up value of each series of convertible debentures of the company.
4. To raise or borrow from time to time at its discretion either from the Company's bankers or
from the Directors or from elsewhere on such terms and conditions as to repayment, interest or otherwise as it thinks fit such sums as may be necessary for the purposes of the Company up to a limit of Rs 200 million not withstanding that the money to be borrowed together with the monies already borrowed by the Company from bankers in the ordinary course of business, will exceed the aggregate paid up capital of the Company and its free reserves, i.e., nreserves not set apart for any specific purpose subject to approval of shareholders in General Meeting.
(As per BSE Bulletin dated on 21/03/2006)
The Company has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on April 10, 2006, inter alia, have unanimously resolved the following:
1. Increase of Authorised capital of the Company from Rs 50 million to Rs 60 million.
2. Alteration of Memorandum of Association of the Company.
3. Alternation of Articles of Association of the Company.
4. The Board of Directors have not recommended the resolutions of issue of equity shares and warrants on preferential basis for non compliance of certain guidelines of Preferential Allotment of Shares, so the members have decided to put
this item in the next Extra Ordinary General Meeting to be held on April 29, 2006.
5. Extend the investment limits of FIIs/NRIs to 49% of paid up equity capital of the Company.
6. Increase the borrowing limits up to Rs 200 million in excess of aggregate of paid up capital and its free reserves.
(As per BSE Bulletin dated on 12/04/2006) |