| Cable Corporation of India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 15, 2009, inter alia, has considered the following:
1. Increase in the Authorised Capital of the Company.
2. Amendment in the Capital Clause VI of the Memorandum of Association of the Company.
3. Convene an Extra Ordinary General Meting of the Members on June 17, 2009 to approve the above.
Cable Corporation of India Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the Company will be held on June 17, 2009, inter alia, to increase the Authorised Share Capital of the Company from Rs 42,50,00,000 (Rupees Forty two crores fifty lacs) divided into 3,72,50,000 (Three crores seventy two lacs fifty thousand) Equity Shares of Rs 10/- each and 5,25,000 (Five lacs twenty five thousand) Preference Shares of Rs 100/- each to Rs 92,00,00,000/- (Rupees Ninety two crores only) divided into 7,74,10,000 (seven crores seventy four lacs ten thousand) Equity Shares of Rs 10/- each and 1,45,90,000 (One crore forty five lacs ninety thousand) Preference Shares of Rs 10/- each, & consequential amendments in the Memorandum of Association of the Company.
(As Per BSE Announcement Dated on 21/05/2009)
Cable Corporation of India Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on June 17, 2009, inter alia, have unanimously approved the following:
1. Increase in the Authorised Share Capital of the Company in terms of the Resolution as contained in the notice.
2. Alteration of Clause VI of the Memorandum of Association of the Company in terms of the Resolution as contained in the notice.
(As Per BSE Announcement Website dated on 17.06.2009) |
| Cable Corporation of India Ltd has informed BSE that pursuant to an Order made on April 03, 2009 by the High Court of Judicature at Bombay, a meeting of the equity shareholders of the Company will be held on April 28, 2009, for the purpose of considering and, if thought fit, approving with or without modification(s), the Scheme of Amalgamation of Prithvi Consultancy Services Pvt Ltd with the Company and their respective Shareholders and Creditors.
Cable Corporation of India Ltd has informed BSE that pursuant to the directions given by the Hon'ble High Court of Bombay under section 391 of the Companies Act, 1956, a meeting of the Equity Shareholders of the Company was held on April 28, 2009, for the purpose of considering and, if thought fit, approving with or without modification(s), the arrangement proposed to be made between the Company and the shareholders of the Company in the nature of amalgamation of Prithvi Consultancy Services Pvt. Ltd with the Company ("the Scheme").
Further the Company has informed that, in the said meeting, the equity shareholders have unanimously approved the Scheme without any modifications.
(As Per BSE Announcement Website dated on 04.05.2009) |
| Cable Corporation of India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 10, 2007, the following decisions were taken by the Board subject to the approval of the members in the ensuing Extra-Ordinary General Meeting.
An Extra-Ordinary General Meeting of the Shareholders of the Company is scheduled to be held on March 06, 2007 to seek the approval of the members of the Company u/s 81(1A) of the Companies Act, 1956 and SEBI (DIP) Guidelines, 2000, as well as under the SEBI (Employees Stock Option Scheme & Employees Stock Purchase Scheme), Guidelines, 1999.
Cable Corporation of India Ltd has informed BSE that an Extra-Ordinary General Meeting (EGM) of the members of the Company will be held on March 06, 2007, inter alia, to transact the following:
1. To create, offer, issue, allot and deliver in one or more tranches, upto 33,33,334 Warrants (convertible into Equity Share of the Company of Rs 30/- each aggregating to Rs 10,00,00,020, to the following promoters including persons acting in concert and other acquirers on preferential basis convertible into 1 Equity Share of Rs 10 each fully paid up at a price of Rs 30 including premium of Rs 20 per share as determined in accordance with the SEBI DIP Guidelines, on such terms and conditions as may be decided by the Board including the form and terms of issue and to accept any modifications in the proposal as may be required by the authorities involved in such issues but subject to such conditions as the SEBI / STOCK Exchanges or such other appropriate authorities may impose at the time of their approvals and as agreed to by the Board, subject to necessary provisions and approvals.
2. To create, grant, offer, issue and allot to or for the benefit of such person(s) who are in the permanent employment of the Company, whether working in India or out of India and the Directors (including whole-time Directors) of the Company ("Employees"), Equity Shares of the Company and / or Options giving right to purchase or subscribe to such number of equity shares / equity linked Instruments including any depository receipts, which could give rise to the issue of equity shares ("Securities") of the Company, at such price, in such manner, during such period, in one or more tranches and on such terms and conditions as the Board may decide, subject to necessary provisions and approvals.
The maximum number of Securities issued / granted in terms of the resolution, to any single Employee (including any non executive or independent Director) during any one year shall be less than 1% of the Issued and paid up equity shares of the Company i.e. upto 2,45,865 equity shares: provided however that the aggregate Securities issued / granted to all the Employees / other persons under the ESOS shall not exceed (5%) five percent of the existing paid-up share capital of the Company as on December 31, 2006 i.e. 12,29,327 equity shares of the Company.
Cable Corporation of India Ltd has informed BSE that the members at the Extra-Ordinary General Meeting (EGM) of the Company held on March 06, 2007 have unanimously passed the following resolutions:
1. Issuance of 33,33,334 Warrants convertible into Equity Shares at Rs 30 per Warrant, aggregating to Rs 10,00,00,020 as per the SEBI (DIP) Guidelines, 2000, to M/s. IL&FS Financial Services Ltd, a Domestic Body Corporate and to the other Promoter Corporate Bodies as under:
Name of the Company
a. Prajakta Holdings Pvt Ltd - 6,66,667 Equity shares (at a price of Rs 30/- per share)
b. Brinan Investments Pvt Ltd - 5,00,000 Equity shares (at a price of Rs 30/- per share)
c. Jayalaxmi Holdings Pvt Ltd - 5,00,000 Equity shares (at a price of Rs 30/- per share)
d. IL&FS Financial Services Ltd - 16,66,667 Equity shares (at a price of Rs 30/- per share)
2. Issuance of options to Employees under the SEBI (Employees Stock Option Scheme & Employees Stock Purchase Scheme), Guidelines, 1999. The maximum number of Securities issued / granted in terms of this resolution, to any single Employee (including any non executive or independent Director) during any one year shall be less than 1% of the issued and paid up equity shares of the Company i.e. upto 2,45,865 equity shares: provided however that the aggregate Securities issued / granted to all the Employees / other persons under the ESOS shall not exceed (5%) five percent of the existing paid _ up share capital of the Company as on December 31, 2006 i.e. 12,29,327 equity shares of the Company.
(As Per BSE Announcement Website Dated on 06/03/2007) |