| 25-Oct-10 |
| Board inter alia, discussed the following :
1. Considered and approved, issue of 7,50,000 Equity Shares and 25,00,000 Convertible Warrants to promoters and 52,50,000 Equity Shares to persons other than promoters on preferential basis, subject to approval of shareholders in Extra-ordinary General Meeting.
2. Scheduled Extra-ordinary General Meeting of the shareholders to consider the preferential issue of securities on October 25, 2010.
Compucom Software Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company will be held on October 25, 2010, inter alia, to transact the following :
1. To insert the new Article 4B after Article 4A of the Articles of Association of the Company relating to issuance of warrants and consequential amendments in the Articles of Association of the Company.
2. to create, offer, issue and allot, subject to necessary provisions & approvals :
i. upto 60,00,000 Equity Shares of nominal value of Rs. 2/- each and;
ii. upto 25,00,000 Convertible Warrants (hereinafter referred to as 'warrant')
to persons as detailed in the Explanatory Statement, on preferential allotment basis, on such terms and conditions and in such manner as may be deemed appropriate by the Board, each warrant entitling the holder thereof, to apply for and be allotted 1 (one) Equity Share of Rs. 2/- each at premium, which shall be converted within a period of 18 months from the date of allotment of the warrants, in one or more tranches, in accordance with the SEBI (ICDR) Regulations, 2009 and other relevant guidelines as may be applicable, at a price, which shall not be less than the higher of the two :
a. The Average of the weekly high and low of the closing prices of the Company's shares quoted on the Stock Exchange during the six months preceding the relevant date ;
Or
b. The Average of the weekly high and low of the closing prices of the Company's shares quoted on the Stock Exchange during the two weeks preceding the relevant date.
(As Per BSE Announcement Website dated on 07.10.2010)
Compucom Software Ltd has informed BSE that the shareholders in the Extra-ordinary General Meeting (EGM) of the Company held on October 25, 2010, took up the agenda items as per the notice and passed the following resolutions unanimously without any modifications:
1. Alteration in the Articles of Association of the Company with respect to the Preferential Issue of Shares, Warrants, etc.
2. Preferential issue of Equity Shares and Convertible warrants to the Promoters & Non-promoters as follows;
a) Compucom Technologies Pvt. Ltd. (Promoter): 7,50,000 Equity Shares and 25,00,000 Convertible Warrants;
b) Rukmani Sales Pvt. Ltd. (Non-promoter); 52,50,000 Equity Shares
The issue price is Rs. 25.36/- per share / warrant, as determined under SEBI (ICDR) Regulations, 2009. The said issue is subject to all applicable laws, regulations and guideline including the SEBI (ICDR) Regulations, 2009.
(As Per BSE Announcement Dated on 25.10.2010) |
| 05-Dec-08 |
| Compucom Software Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 31, 2008, inter alia, has discussed the following:
1. Directors approved the increase in Authorized Capital of Company from Rs 6,00,00,000 (Rs Six Crore) divided into 3,00,00,000 (Three Crore) Equity Shares of Rs 2/- (Rs Two Only) each to Rs 12,00,00,000 (Rs Twelve Crore) divided into 6,00,00,000 (Six Crores) Equity Shares of Rs 2/- (Rupees Two) each and to alter MOA and AOA of the Company suitably, Subject to the approval of the shareholders at the forthcoming EGM of the Company.
2. Directors approved bonus issue of equity shares in the ratio of ONE equity share of the Company of Rs 2/- (fully paid) each for every ONE Existing equity share of Rs 2/- each (fully paid) held by the shareholders of the Company as on the Record Date fixed, Subject to the approval of the shareholders at the forthcoming EGM of the Company.
EGM is to be held on December 05, 2008 for the above mentioned purpose.
Compucom Software Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on December 05, 2008 inter alia, to transact the following business:
1. To increase the authorised capital of the Company from Rs 6,00,00,000 (Rs Six Crores) divided into 3,00,00,000 (Three Crore) equity shares of Rs 2/- (Rs Two Only) each to Rs 12,00,00,000 (Rs Twelve Crores) divided into 6,00,00,000 (Six Crores) equity shares of Rs 2/- (Rs Two) each, with a power of Company to increase, reduce, sub-divide or to repay the same or to divide the same into several classes and to attach thereto any rights to consolidate or sub-divide the shares and to vary such rights as may be determined in accordance with the regulations of the Company and consequential amendment in the Memorandum & Articles of Association of the Company.
2. Approval of an aggregate sum not exceeding Rs 50,250,000/- (Rs Five Crores Two Lakhs Fifty Thousands only) drawn out of the Company's Reserve & Surplus Account as are permissible to be utilised for the purpose, be and is hereby capitalized and aforesaid amount of Rs 50,250,000/- (Rs. Five Crores Two Lakhs Fifty Thousands only) be transferred to Share Capital and be applied for issue and allotment of Equity shares not exceeding 25,125,000 (Two Crores fifty one lakhs and twenty five thousand only) Equity Shares of Rs 2/- (Rs. Two) each as Bonus Shares credited as fully paid-up, to the members of the Company holding Equity Shares of Rs 2/- each, whose names stand on the Company's Register of Members on such date ("Record Date") as the directors may be determine, in the proportion of (One) Fully-Paid Equity Shares of Rs 2/- each for every 1 (One) Equity Share of Rs 2/- each held as on the Record Date and that the new Bonus Shares so issued and allotted shall be treated for all purposes as an increase of the nominal amount of the Equity Share Capital of the Company held by each suds members and not as income and the said Equity Shares be issued and allotted, inter alia, on necessary terms & conditions.
(As Per BSE Announcement Website dated on 12.11.2008)
Compucom Software Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on December 05, 2008, inter alia, have approved the resolution for alteration of Memorandum of Association of the Company for increasing Authorized Share Capital from Rs. Six Crores to Rs Twelve Crores and the issue of Bonus Shares in the ratio of 1:1 (i.e. One Bonus Share for every One Equity Share held).
(As Per BSE Announcement Website dated on 05.12.2008) |
| 30-Nov-05 |
| Board Inter alia, has decided to issue 1,40,000 convertible warrants exchanged with Equity
Shares at a later date of face value Rs 10/- on preferential basis to Individuals, Bodies
Corporate, Foreigners, Foreign Institutional Investors, Trusts etc, at price to be
determined in accordance with SEBI Guidelines subject to the approval of the members
of the Company in the Extra-Ordinary General Meeting to be held on November 30,2005, by way of special resolution as required to be passed under provisions ofCompanies Act, 1956 as well as such other provisions of SEBI (Disclosure and
Investor Protection) Guidelines and such other approvals, consent, sanctions etc as may be required for this purpose.
& Recommended issuing and allotting equity shares of the Company by way of an Employee Stock Option Scheme ("ESOS") under the SEBI (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999, (the 'Guidelines') subject to approval of members at the EGM to the employees, directors of the company and its subsidiary.
The company has informed that the members at the Extra-Ordinary General Meeting (EGM) of the Company held on November 30, 2005, inter alia, have passed the following resolution:
1. Issue and allotment of 1,40,000 convertible warrants exchanged with Equity Shares at a later date of face value 10/- on referential basis to Individuals, Foreigners, trusts etc. at a price of Rs 77/- per Equity share in accordance with the
relevant SEBI guidelines.
2. Issue and allotment of 1,00,000 Equity share under Employee Stock Option Scheme in compliance with the relevant guidelines to select employees and directors of the Company.
3. Issue and allotment of 50,000 Equity shares under Employee Stock Option Scheme in compliance with the relevant guidelines to select employees and directors of the subsidiary Company.
4. Issue and allotment of 1,50,000 Equity shares under Employee Stock Option Scheme in compliance with the relevant guidelines to select employees and directors of the Company and its subsidiary Company.
Further the Company has informed that the Shareholders authorised the Board of Directors / Committee thereof / any director of the Company to take all the necessary steps to give effect to the resolution and inter alia to settle any
questions / difficulties / doubts, that may arise in regard to the issue / allotment of the securities aforementioned. The shareholders also authorized to accept such terms and conditions, modifications and alterations as may be stipulated
by any authority including Stock Exchanges.
(As per BSE Bulletin dated on 01/12/2005) |