| 29-Jul-11 |
| AGM 29/07/2011
CESC Ltd has informed BSE that the payment of equity dividend for the year ended March 31, 2011, if declared at the forthcoming Annual General Meeting of the Company to be held on July 29, 2011 will be paid on and from August 01, 2011.
(As Per BSE Announcement Website dated on 28.06.2011) |
| 23-Jul-10 |
| CESC Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from July 10, 2010 to July 23, 2010 (both days inclusive) for the purpose of Payment of Dividend & 32nd Annual General Meeting (AGM) of the Company to be held on July 23, 2010.
CESC Ltd has informed BSE that the payment of equity dividend for the year ended March 31, 2010, if declared at the forthcoming Annual General Meeting of the Company to be held on July 23, 2010 will be paid on and from July 27, 2010.
(As Per BSE Announcement Website dated on 30.06.2010)
CESC Ltd has informed BSE that the members at the 32nd Annual General Meeting (AGM) of the Company held on July 23, 2010, inter alia, have accorded to the following :
1. Adoption of the Profit and Loss Account for the year ended March 31, 2010 and Balance Sheet as at that date and Reports of the Directors and the Auditors.
2. Declaration of a dividend @ 40% or Rs. 4.00 per share for the year ended March 31, 2010.
3. Re-appointment of Mr. B. P. Bajoria & Mr. P. K. Khaitan, as Director of the Company.
4. Reappointed Messrs. Lovelock and Lewes, as Auditors of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting of the Company
5. Authority to Board to mortgaging and / or charging by the Board of Directors of the Company ('the Board') of all the immovable and movable properties of the Company, wheresoever situate, present and future, in favour of :
(a) Bank of Baroda (BoB) for its term loan of Rs. 125 crore.
(b) IDBI Bank Ltd (IDBI) for its term loan of Rs. 100 crore;
(c) Indian Bank (IB) for its term loan of Rs. 50 crore;
(d) Infrastructure Development Finance Company Limited (IDFC) for its term loan of Rs. 150 crore;
(e) Punjab and Sind Bank (PSB) for its term loan of Rs. 100 crore;
(f) Standard Chartered Bank (SCB) for its foreign currency loan of US $ 35 million; and
(g) BoB, HDFC Bank Ltd (HDFC), Indian Overseas Bank (IOB), SCB and YES Bank Ltd (YBL)
for their respective incremental shares of Rs. 32.60 crore, Rs. 33 crore, Rs. 7.43 crore, Rs. 17 crore and Rs. 10 crore in the working capital facilities extended to the Company by the consortium of Banks
to secure the said Term Loans and working capital facilities together with interests, charges, expenses, front-end fees and all other monies payable by the Company to BoB, IDBI, IB, IDFC, PSB, SCB (collectively referred to as 'the said Lenders') and BoB, HDFC, IOB, SCB and YBL (collectively referred to as 'the said working capital bankers') in terms of their respective Letters of Sanction, Loan Agreements, Facility Agreements, Hypothecation Agreements, Joint Consortium Agreements or any other Agreement or any amendment thereto entered / to be entered into by the Company with all or any of the said Lenders and the said working capital bankers so that the mortgage and / or charge may be created by the Company in their favour, either singly or collectively, in such form and subject to such prior charges or with such pari passu or subservient ranking of charges as may be decided by the Board in consultation with one or more of the said Lenders and the said working capital bankers.
(As Per BSE Announcement Dated on 02.09.2010) |
| 24-Jul-09 |
| CESC Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from July 11, 2009 to July 24, 2009 (both days inclusive) for the purpose of 31st Annual General Meeting (AGM) of the Company to be held on July 24, 2009. |
| 30-Jul-08 |
| CESC Ltd has informed BSE that the 13th Annual General Meeting (AGM) of the Company to be held on July 30, 2008.
CESC Ltd has informed BSE that the members at the 30th Annual General Meeting (AGM) of the Company held on July 30, 2008, inter alia, have accorded to the following:
1. Adoption of the Profit & Loss Account for the year ended Mach 31, 2008 and Balance Sheet as at that date and Reports of the Directors and the Auditors.
2. Declaration of dividend @ 40% per share or Rs 4 per share for the year ended March 31, 2008.
3. Re-appointment of Mr. Ajay Saraf &. Mr S Banerjee as Directors of the Company.
4. Re-appointment of Messrs Lovelock & Lewes as Auditors of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting of the Company.
5. To mortgaging and / or charging by the Board of Directors of the Company (the Board) of all the immovable and movable properties of the Company, wheresoever situate, present and future, in favour of: (a) Infrastructure Development Finance Company Ltd (IDFC) for its three term loans of Rs. 65 crore, Rs 100 crore and Rs 50 crore respectively; (b) Standard Chartered Bank (SCB) for its eight foreign currency loans aggregating JPY 3,313,253,068.70; (c) UCO Bank (UCO) for its term loan of Rs 150 crore; (d) Punjab National Bank (PNB) for its term loan of Rs 150 crore; (e) Punjab and Sind Bank (PSB) for its term loan of Rs 50 crore; (f) Industrial Development Bank of India Ltd (IDBI) for its term loan of Rs 150 crore; (g) ICICI Bank Ltd (ICICI Bank) for its foreign currency loan of US$ 16 million; and (h) any Public Financial Institution within the meaning of Section 4A of the Companies Act, 1956 and / or any Scheduled Bank as defined in Section 2(e) of the Reserve Bank of India Act, 1934 and / or any other bank or lender providing rupee / foreign currency funds and / or any institution / corporation controlled by the Central and/ or State Governments or by any combination thereof for their respective financial assistance, subject to an aggregate amount or rupee equivalent thereof of Rs 1,000 crore, which may, in future, be sanctioned to the Company in one or more installments for any purpose and in any form including by way of term loan and / or refinance loan and / or foreign currency assistance and / or debentures and / or fund and / or non-fund based working capital facilities. to secure the said term loans / financial assistance together with interests, charges, expenses, front-end fees and all other monies payable by the Company to IDFC, SCB, UCO, PNB, PSB, IDBI, ICICI Bank, the aforesaid Public Financial Institutions, banks, other lenders, institution(s) and/or corporation(s) (Lenders) in terms of their respective Letters of Sanctions, Loan Agreements, Facility Agreements, Hypothecation Agreements, Joint Consortium Agreements or any other Agreement or any amendment thereto entered / to be entered into by the Company with all or any of the said Lenders so that the mortgage and / or charge may be created by the Company in their favour, either singly or collectively, in such form and subject to such prior charges or with such pari passu or subservient ranking of charges as may be decided by the Board in consultation with one or more of the said Lenders.
6. Payment of commission to the Directors of the Company, other than the Managing Director or any Whole-time Director, not exceeding 1% per annum of the pet profits of the Company computed in the manner laid down in Section 198(1) of the Act in respect of 5 years commencing from 2008-09 to be distributed amongst the said Directors in such manner as the Board and/or remuneration committee constituted by the Board may from time to time determine.
6. Re-appointment of Mr. S Banerjee as Managing Director of the Company for a period of five years with effect from August 01, 2008 till July 31, 2013.
(As per BSE Announcement Website dated on 05/09/2008) |
| 27-Jul-07 |
| CESC Ltd has informed BSE that the members at the 29th Annual General Meeting (AGM) of the Company held on July 27, 2007, inter alia, have accorded to the following:
1. Adoption of the Profit and Loss Account for the year ended March 31, 2007 and Balance Sheet as at the date and Reports of the Directors and Auditors.
2. Declaration of the Dividend @ 35% or Rs 3.5 per share for the year ended March 31, 2007.
3. Re-appointment of Mr. B P Bajoria and Mr. P K Khaitan as Directors of the Company.
4. Re-appointment of Messrs. Lovelock and Lewes, Chartered Accountants, as the Auditors of the Company, to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting of the Company, on remuneration, terms and conditions.
5. Authority to the Board to mortgaging and / or charging of all the immovable and movable properties of the Company, wheresover situate, present and future, in favour of:
a. Infrastructure Development Finance Company Ltd (IDFC) for its two term loans of
Rs 58.88 crore and Rs 65 crore.
b. Industrial Development Bank of India Ltd (IDBI) for its two terms loans of Rs 50 crore and Rs 200 crore.
c. ICICI Bank Ltd (ICICI Bank) for its foreign currency loans of US$ 20 million, US$ 15 million and US$ 50 million.
d. UCO Bank (UCO) for its term loan of Rs 200 crore.
e. Punjab National Bank (PNB) for its term loan of Rs 150 crore and
f. Any Public Financial Institution within the meaning of Section 4A of the Companies Act, 1956 and / or any Scheduled Bank as defined in Section 2(e) of the Reserve Bank of India Act, 1934 and / or any other bank or lender providing rupee / foreign currency funds and / or any institution / Corporation controlled by the Central and / or State Governments or by any combination thereof for their respective financial assistance, subject to an aggregate amount or rupee equivalent thereof of Rs 1000 crore, which may, in future, be sanctioned to the Company in one or more installments for any purpose and in any form including by way of term loan and / or refinance loan and / or foreign currency assistance and / or debentures and / or fund and / or non-fund based working capital facilities.
to secure the said Term Loans / financial assistance together with interests, charges, expenses, front-end fees and all other monies payable by the Company to IDFC, IDBI, ICICI Bank, UCO, PNB, the aforesaid Public Financial Institutions, banks, other lenders, institution(s) or corporation(s) ("the said Lenders") in terms of their respective Letters of Sanctions, Loan Agreements, Facility Agreements, Hypothecation Agreements, Joint Consortium Agreements or any other Agreement or any amendment thereto entered / to be entered into by the Company with all or any of the said Lenders so that the mortgage and / or charge may be created by the Company in their favour, either singly or collectively, in such form and subject to such prior charges or with such pari passu or subservient ranking of charges as may be decided by the Board in consultation with one or more of the said Lenders.
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