| 22-Jan-11 |
| Apollo Hospitals Enterprise Ltd has informed BSE about outcome of Board Meeting held on December 09, 2010.
The Board of Directors also considered and approved the following matters :
(i) Increasing the Authorized Capital of the Company from Rs. 850 million to Rs. 1,100 million subject to necessary approvals being obtained.
(ii) The proposal to raise funds not exceeding an aggregate amount of Rs.900 crores through Qualified Institutional Placement (QIP) issue in the form of equity/non convertible debentures (NCDs) along with warrants, either individually or any combinations thereof, in accordance with Chapter VIII of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, subject to necessary approvals being obtained, including approval of the members of the Company.
(iii) The Board has also constituted a Committee of Directors which has been authorized to finalize the terms of the QIP issue including appointment of Merchant Bankers, Legal Counsels etc., and to do all other acts, deeds, matters and things to give effect to the proposed QIP issue.
(iv) The Board has also approved the issue of upto 3,276,922 (constituting 2.5% of the diluted paid up capital) warrants convertible into equity shares to the Promoters/Promoter group at a price not less than the price calculated in accordance with Chapter VII of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, subject to necessary approvals being obtained, including approval of the members of the Company.
The Board has also approved the convening of an Extra Ordinary General Meeting on January 22, 2011 to seek the permission of the shareholders for the matters set out under clauses (i), (ii) & (iv) of Item No. 2.
Apollo Hospitals Enterprise Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on January 22, 2011, inter alia, to transact the following business:
1. Increase in the Authorised Share Capital:
- To increase the Authorised Share Capital of the Company by Rs. 250,000,000/- (Rupees Two Hundred and Fifty million only), from Rs. 850,000,000/- (Rupees Eight Hundred Fifty Million only) to Rs. 1,100,000,000/- (Rupees One Thousand One Hundred Million only) by authorizing the creation of 50,000,000 (Fifty million) new Equity Shares of Rs.5/- (Rupees Five only) each ranking pari passu with the existing equity shares of the Company in all respects & consequential amendment in the Memorandum & Articles of Association of the Company.
2. Raising of funds through Qualified Institutional Placement (QIPs) Scheme:
- To issue, offer and allot in one or more tranches equity shares / fully convertible debentures / partly convertible debentures / non convertible debentures with warrants / any other securities which are convertible into or exchangeable with equity shares on such date as may be determined by the Board but not later than 60 months from the date of allotment (QIP Securities), to the Qualified Institutional Buyers (QIB') as per the SEBI ICDR Regulations, whether or not such QIB are Members of the Company, on the basis of placement document(s), at such time or times in one or more tranche or tranches, at such price or prices, as the board may determine on the relevant date, in accordance with SEBI ICDR Regulations and on such terms and conditions and in such manner as the Board may, in its absolute discretion determine, in consultation with the Lead Managers, Advisors or other intermediaries, provided however that the aggregate amount raised through issue of such QIP Securities shall not exceed in the aggregate a sum of Rs. 9,000 million (Rupees Nine Thousand Million only), including premium if any as may be decided by the Board, to investors as mentioned above, subject to necessary provisions & approvals.
3. Preferential Allotment of Warrants Convertible into Equity Shares to Promoters:
- To create, offer, issue and allot up to 3,276,922 warrants (Warrants) on a preferential basis to Dr. Prathap C Reddy, one of the Promoters of the Company with each warrant convertible into one equity share of the Company of nominal value of Rs. 5/- each at a price of Rs. 472.46 which includes a premium of Rs. 467.46 per share, which price is not less than the price calculated in accordance with Chapter VII of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 (SEBI ICDR Regulations) for preferential allotment of equity shares / warrants and on such terms and conditions as may be decided and deemed appropriate by the Board at the time of issue or allotment, subject to necessary provisions & approvals.
(As Per BSE Announcement Dated on 29.12.2010)
Apollo Hospitals Enterprise Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on January 22, 2011, inter alia, have accorded to the following:
1. Increase in the Authorised Share Capital: - Increase the Authorised Share Capital of the Company by Rs. 250,000,000/- (Rupees Two Hundred and Fifty million only), from Rs. 850,000,000/- (Rupees Eight Hundred Fifty Million only) to Rs. 1,100,000,000/- (Rupees One Thousand One Hundred Million only) by authorizing the creation of 50,000,000 (Fifty million) new Equity Shares of Rs.5/- (Rupees Five only) each ranking pari passu with the existing equity shares of the Company in all respects & consequential amendment in the Memorandum & Articles of Association of the Company.
2. Raising of funds through Qualified Institutional Placement (QIPs) Scheme: - Authority to the Board to issue, offer and allot in one or more tranches equity shares / fully convertible debentures / partly convertible debentures / non convertible debentures with warrants / any other securities which are convertible into or exchangeable with equity shares on such date as may be determined by the Board but not later than 60 months from the date of allotment (?QIP Securities?), to the Qualified Institutional Buyers (?QIB') as per the SEBI ICDR Regulations, whether or not such QIB are Members of the Company, on the basis of placement document(s), at such time or times in one or more tranche or tranches, at such price or prices, as the board may determine on the relevant date, in accordance with SEBI ICDR Regulations and on such terms and conditions and in such manner as the Board may, in its absolute discretion determine, in consultation with the Lead Managers, Advisors or other intermediaries, provided however that the aggregate amount raised through issue of such QIP Securities shall not exceed in the aggregate a sum of Rs. 9,000 million (Rupees Nine Thousand Million only), including premium if any as may be decided by the Board, to investors as mentioned above, subject to necessary provisions & approvals.
3. Preferential Allotment of Warrants Convertible into Equity Shares to Promoters: - Authority to the Board to create, offer, issue and allot up to 3,276,922 warrants (Warrants) on a preferential basis to Dr. Prathap C Reddy, one of the Promoters of the Company with each warrant convertible into one equity share of the Company of nominal value of Rs. 5/- each at a price of Rs. 472.46 which includes a premium of Rs. 467.46 per share, which price is not less than the price calculated in accordance with Chapter VII of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 (?SEBI ICDR Regulations?) for preferential allotment of equity shares / warrants and on such terms and conditions as may be decided and deemed appropriate by the Board at the time of issue or allotment, subject to necessary provisions & approvals.
(As Per BSE Announcement Website dated on 25.01.2011) |
| 29-May-10 |
| Apollo Hospitals Enterprise Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on May 29, 2010, inter alia, to transact the following business:
1. Preferential Allotment of warrants convertible into equity shares to the promoter:
- To create, offer, issue and allot up to 1,544,621 warrants (Warrants) on a preferential basis to Dr. Prathap C Reddy, one of the promoters of the Company with each warrant convertible into one equity share of the Company of nominal value of Rs.10/- each at a price of Rs. 771.76 which includes a premium of Rs. 761.76 per share, which price is not less than the price calculated in accordance with Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 (as ICDR Regulations) for preferential allotment of equity shares / warrants and on such terms and conditions as may be decided and deemed appropriate by the Board at the time of issue or allotment, subject to necessary provisions & approvals.
2. Appointment of Ms. Sindoori Reddy, daughter of Ms. Suneeta Reddy, Executive Director Finance, and relative of Dr. Prathap C Reddy, Executive Chairman, Dr.Preetha Reddy, Managing Director, Ms. Shobana Kamineni, Executive Director Special Initiatives and Ms. Sangita Reddy, Executive Director Operations, to hold an office or place of profit as Vice President Operations of the Company, for a period of three years commencing from such date as the Central Government, on remuneration, terms & conditions.
Apollo Hospitals Enterprise Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on May 29, 2010, inter alia, have accorded to the following:
1. To create, offer, issue and allot up to 1,544,621 warrants ('Warrants') on a preferential basis to Dr. Prathap C Reddy, one of the Promoters of the Company with each warrant convertible into one equity share of the Company of nominal value of Rs.10/- each at a price of Rs. 771.76 which includes a premium of Rs. 761.76 per share, which price is not less than the price calculated in accordance with Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 ('ICDR Regulations') for preferential allotment of equity shares/warrants and on such terms and conditions as may be decided and deemed appropriate by the Board at the time of issue or allotment, subject to necessary provisions and approvals.
2. Appointment of Ms. Sindoori Reddy, daughter of Ms. Suneeta Reddy, Executive Director - Finance, and relative of Dr. Prathap C Reddy, Executive Chairman, Dr. Preetha Reddy, Managing Director, Ms. Shobana Kamineni, Executive Director - Special Initiatives and Ms. Sangita Reddy, Executive Director - Operations, to hold an office or place of profit as Vice President - Operations of the Company, for a period of three years commencing from such date as the Central Government may approve, on the remuneration, terms and conditions.
(As Per BSE Announcement Website dated on 02.06.2010)
Apollo Hospitals Enterprise Ltd has informed BSE that pursuant to the approval of members at the Extraordinary General Meeting held on May 29, 2010, the Company had issued and allotted 1,544,621 share warrants to Dr. Prathap C. Reddy, one of the promoters of the Company on June 12, 2010, with each warrant convertible Into one equity share of the Company of nominal value of Rs. 10/- each at a price of Rs. 771.76 which Includes premium of Rs. 761.76 per share calculated in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009. The said warrants were convertible into equity shares within a period of 18 months from the date of allotment of warrants i.e., on or before December 11, 2011.
The Company obtained the members approval for effecting a stock split in the face value of the equity shares from Rs. 10/- each to Rs. 5/- each, The stock split was effected from September 03, 2010 onwards.
Pursuant to the terms of the Issue, 1,544,621 warrants allotted to Dr. Prather C. Reddy and the corresponding issue price of Rs. 771.76 stood adjusted accordingly as 3,089,242 warrants of face value of Rs. 5/- each at a price of Rs. 385.88 including premium of Rs. 380.88 per share.
Further, the Company has Informed that the Share Allotment Committee met on December 10, 2011 and approved the allotment of 3,089,242 equity shares of face value of Rs. 5/- each at a price of Rs. 385.88 per share to Dr. Prathap C. Reddy, promoter of the Company.
Furtther, the Company note that consequent to the above allotment, the paid up share capital of the Company has been increased to Rs. 672,333,090/- (consisting of 134,466,618 equity shares of Rs. 5/- each) from Rs. 656,886,880/- (consisting of 131,377,376 equity shares of Rs. 5/- each).
(As Per BSE Announcement Website Dated on 12/12/2011) |
| 27-Dec-07 |
| Board has approved the following:
1. Appointment of Mr. Neeraj Bharadwaj (Nominee of Apax Mauritius FDI One Ltd) as an Additional Director with effect from November 19, 2007.
2. Amendment of Articles of Association of the Company.
3. Convene EGM on December 27, 2007 to obtain members approval for amending the Articles of Association of the Company.
Apollo Hospitals Enterprise Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on December 27, 2007, inter alia, to transact the following business:
1. To delete Article 98 (a) of the Articles of Association of the Company and the following Article inserted as 98(a):
Article 98(a)
"Subject to the provisions of Section 252 the number of Directors shall not be less than three and more than twenty, unless otherwise determined by the Company in General meeting."
Further resolved that subject to the approval of Central Government, the number of Directors of the Company be increased from Fifteen to Twenty.
2. Amendments to Articles of Association of the Company.
(As Per BSE Announcement Website Dated on 06/12/2007)
Apollo Hospitals Enterprise Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on December 27, 2007, inter alia, have accorded the following:
1. Deleted Article 98 (a) of the Articles of Association of the Company and the following Article inserted as 98(a):
Article 98(a)
"Subject to the provisions of Section 252 the number of Directors shall not be less than three and more than twenty, unless otherwise determined by the Company in General meeting."
Further resolved that subject to the approval of Central Government, the number of Directors of the Company be increased from Fifteen to Twenty.
2. Amendments in the Articles of Association of the Company.
(As Per BSE Announcement Website Dated on 01/01/2008) |
| 06-Oct-07 |
| Issue of up to 1,549,157 (3% of existing capital of the Company) warrants convertible into equity shares to the promoters / promoter group at a price not less than the price calculated in accordance with SEBI (Disclosure and Investor Protection) Guidelines for preferential issue.
Issue of up to 7,047,119 equity shares of Rs 10/- each on a preferential basis to funds advised by Apax Partners ("Apax") at a price of Rs 605.07 per equity share. Apax will invest up to Rs 4264 million (approx US$ 104 million) in the Company.
The investment is in accordance with Chapter XIII of the Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000 and is subject to shareholder approvals, necessary regulatory approvals and final closing conditions.
The Extraordinary General Meeting of the Company is to be convened on October 05, 2007 for obtaining members approval for the above said issues.
Apollo Hospitals Enterprise Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company is scheduled to be held on October 06, 2007 instead of October 05, 2007.
(As Per BSE Announcement Website Dated on 04/09/2007)
Apollo Hospitals Enterprise Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on October 06, 2007, inter alia, to transact the following business:
1. To create, offer, issue and allot up to 1,549,157 Warrants ("Warrants") on a preferential basis to Dr. Prathap C Reddy, one of the promoters of the Company with each Warrant convertible into one equity share of the Company of nominal value of Rs 10/- each at a price of Rs 497.69 which includes a premium of Rs 487.69 per share, which price is not less than the price calculated in accordance with Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000 ("SEBI (DIP) Guidelines") for preferential allotment of equity shares / warrants and on such terms and conditions as may be decided and deemed appropriate by the Board of Directors of the Company ("Board shall be deemed to include any duly authorized committee thereof) at the time of issue or allotment, subject to necessary provisions & approvals.
2. To create, offer, issue and allot up to 7,047,119 equity shares of the company of nominal value of Rs 10/- each ("Shares") at a price of Rs 605.07 per Share which includes a premium of Rs 595.07 per Share, which price is not less than the price calculated in accordance with the SEBI (DIP) Guidelines, on a preferential basis to any or all of the following entities, (i) Apax Mauritius (FVCI) Ltd., a Company incorporated under the laws of Mauritius having its registered office at Mauritius; and (ii) Apax Mauritius FDI One Ltd., a Company incorporated under the laws of Mauritius having its. registered office at Port Louis, ("the Proposed Investor" / "the Proposed Allottee"), and on such terms and conditions as may be decided and deemed appropriate by the Board at the time of issue or allotment, subject to necessary provisions & approvals.
(As Per BSE Announcement Website Dated on 14/09/2007)
Apollo Hospitals Enterprise Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on October 06, 2007, inter alia, have approved the following special resolutions:
1. To issue up to 1,549,157 Warrants on a preferential basis to Dr. Prathap C Reddy, one of the promoters of the Company with each Warrant convertible into one equity share of the Company of nominal value of Rs 10/- each at a price of Rs 497.69 which includes a premium of Rs 487.69 per share, which price is not less than the price calculated in accordance with Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000.
2. To issue up to 7,047,119 equity shares of the Company of nominal value of Rs 10/- each at a price of Rs 605.07 per Share which includes a premium of Rs 595.07 per Share, which price is not less than the price calculated in accordance with the SEBI (DIP) Guidelines, on a preferential basis to any or all of the following entities, (i) Apax Mauritius (FVCI) Ltd., and (ii) Apax Mauritius FDI One Ltd, Companies incorporated under the laws of Mauritius.
(As Per BSE Announcement Website Dated on 08/10/2007) |
| 09-Feb-07 |
| Apollo Hospitals Enterprise Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 05, 2007, has approved, subject to required approvals being obtained, including approval of the members of the Company to issue up to 1,550,000 warrants convertible into equity shares of Rs 10/- each at a price not less than the price calculated in accordance with SEBI guidelines for preferential allotment of shares / warrants to Ms. Sangita Reddy, one of the promoters of the Company and the same would be issued on such terms and conditions as may be approved by the Board. The warrants shall be convertible (at the sole option of the warrant holder) at any time within a period of 18 months from the date of allotment of warrants.
Further the Company has informed that, an Extraordinary General Meeting of the Company will be held on February 09, 2007 to seek members approval for the above said preferential issue.
Apollo Hospitals Enterprise Ltd has informed BSE that an Extra-Ordinary General Meeting (EGM) of the members of the Company will be held on February 09, 2007, to create, offer, issue and allot up to 1,550,000 Equity warrants (Warrants) on a preferential basis to Ms Sangita Reddy, one of the promoters of the company, with each warrant convertible into one equity share of the company of nominal value of Rs 10/- each at a price of Rs 442.55 which includes a premium of Rs 432.55 per share not less than the price calculated in accordance with Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000 (SEBI (DIP) Guidelines) for preferential allotment of equity shares / warrants and on such terms and conditions as may be decided and deemed appropriate by the Board of Directors of the Company, ("Board" which shall be deemed to include any duly authorised committee thereof) at the time of issue or allotment, subject to necessary provisions and approvals.
(As per BSE Announcement website dated on 16/01/2007)
Apollo Hospitals Enterprise Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on February 09, 2007, have authorised the Board to create, offer, issue and allot up to 1,550,000 Equity warrants ("Warrants") on a preferential basis to Ms. Sangita Ready, one of the Promoters of the Company, with each warrant convertible into one equity share of the Company of nominal value of Rs 10/- each at a price of Rs 442.55 which includes a premium of Rs 432.55 per share not less than the price calculated in accordance with Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000 ("SEBI (DIP) Guidelines") for preferential allotment of equity shares / warrants and on such terms and conditions as may be decided and deemed appropriate by the Board of Directors of the Company ("Board" which shall be deemed to include any duly authorized committee thereof) at the time of issue or allotment, subject to necessary provisions and approvals.
(As Per BSE Announcement Website Dated on 09/02/2007)
Apollo Hospitals Enterprise Ltd has informed BSE that a meeting of Committee will be held on February 23, 2007 to approve the allotment of 1,550,000 warrants to Ms. Sangita Reddy pursuant to the special resolution approved by the members at the EGM held on February 09, 2007.
(As Per BSE Announcement Website Dated on 21/02/2007) |