| 11-Jun-12 |
| Country Club India Ltd has informed BSE that, by an order made on April 24, 2012, the Hon'ble High Court of Judicature of Andhra Pradesh at Hyderabad has directed that the meeting of the (i) equity shareholders, (ii) Secured Creditors & (iii) Trade Creditors of M/s. Country Club (India) Limited will be held on June 11, 2012, for the purpose of considering and, if thought fit, approving, with or without modification(s) the proposed scheme of amalgamation of M/s. Amrutha Estates & Hospitality Private Limited with M/s. Country Club (India) Limited and their respective shareholders.
Country Club India Ltd has informed BSE that the Court Convened Extra-Ordinary General Meeting of the Shareholders, Secured Creditors & Trade Creditors of the Company held on June 11, 2012.
(AsPer BSE Announcement Website Dated on 12/06/2012) |
| 30-Apr-10 |
| Board has approved the following business:
1. Issue of 30,000,000 warrants convertible into equivalent number of equity shares, to the Promoter(s) and / or their associates at a price of Rs 25 per warrant, in accordance with the SEBI (ICDR) Regulations 2009.
2. Issue of Equity Shares and / or convertible instruments through Qualified Institutional Placement (QIP) Issue in accordance with SEBI (ICDR) Regulations, 2009, FCCBs / GDRs / ADRs to the tune of upto USD 125 Millions or its Rupee equivalent.
3. Convene Extra Ordinary General Meeting (EGM) of the members of the Company on April 30, 2010.
The actual funds to be raised pursuant to the enabling resolution no. 2 above, shall be as decided by the Board from time to time, and may be lower than that approved.
Country Club India Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the members of the Company will be held on April 30, 2010, inter alia, to transact the following business:
1. To offer, issue, allot and deliver 3,00,00,000 (Three Crores only) warrants on preferential basis convertible into equal number of equity shares of Rs. 2/- each for every warrants issued and allotted (i.e. 3,00,00,000 equity shares of Rs. 2/- each) to M/s. Zen Garden Hotel Pvt. Ltd, a Company registered under the Companies, Act, 1956 and belonging to the Promoter Group of the Company for cash which shall upon conversion rank pari-passu with the existing equity shares of the Company, in such form and manner and upon such terms and conditions as the Board may in its absolute discretion deem fit, at a price of Rs. 25/- per warrant which is more than the price as on 'Relevant Date' determined based on the provisions of Clause 76 of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009, subject to necessary provisions & approvals.
2. To create, offer, issue and allot equity shares and / or Securities through Qualified Institutional Placement (QIP) Issue to the various eligible categories of investors through Qualified Institutional Placements Mechanism as provided in Chapter VIII of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009. , Foreign Currency Convertible Bonds (FCCBs) / Global Depository Receipts (GDRs) / American Depository Receipts (ADRs) in accordance with the scheme for issue of Foreign Currency Convertible Bonds and Ordinary Shares (Through Depository Receipts Mechanism), 1993 to the tune of upto USD 125 Millions (One hundred and Twenty-five Million USD only) or its Rupee equivalent under the SEBI Guidelines and for other applicable laws in one or more tranches in such form, on such terms and timing and in such manner as may be considered by the Board of Directors, subject to necessary provisions & approvals.
(As Per BSE Announcement Website dated on 22.04.2010)
Country Club India Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on April 30, 2010, have approved the following businesses:
1. Issue of 3,00,00,000 Convertible warrants on preferential basis to M/s. Zen Garden Hotel Pvt. Ltd., a Company registered under the Companies Act, 1956 and belonging to the promoter group of the Company.
2. Issue of Equity Shares and / or convertible Instruments to various eligible categories of investors through Qualified Institutional Placement Mechanism, in accordance with SEBI (ICDR) Regulations, 2009, FCCBs/GDRs/ADRs to the tune of up to USD 125 Million or its Rupee Equivalent.
(As Per BSE Announcement Dated on 30/04/2010)
Country Club India Ltd has informed BSE that the Board of Directors of the Company has allotted 3,00,00,000 convertible warrants to M/s Zen Garden Hotel Pvt Ltd, a company registered under the companies Act, 1956 and belonging to the promoter group of the Company by way of Circular resolution on July 13, 2010 consequent to the resolution passed by the shareholders in the Extra-Ordinary General Meeting held on April 30, 2010.
(As Per BSE Announcement Dated on 14.07.2010) |
| 09-Jun-09 |
| Country Club India Ltd has informed BSE that in connection with the proposal of issue of warrants the Board of Directors in their adjourned Board meeting held on May 07, 2009 have scheduled to conduct the Extra Ordinary General Meeting of the members of the Company on June 09, 2009.
Country Club India Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on June 09, 2009, inter alia, have accorded the proposal of issue of 86,00,000 warrants convertible into 1,20,40,000 Equity Shares in the ratio of seven equity Shares of Rs 2/- each fully paid up for every five warrants issued and allotted on preferential basis to Mr. Y Rajeev Reddy, Chairman & Managing Director of the Company.
(As Per BSE Announcement Dated on 09/06/2009)
Country Club India Ltd has informed BSE that the pursuant to the resolution passed by the members in Extra ordinary General Meeting held on June 09, 2009 and the resolution of the Board of Directors passed by Circulation dated July 08, 2009, the Company has allotted 86,00,000 convertible warrants to Mr. Y Rajeev Reddy, Chairman and Managing Director (Promoter) of the Company convertible at the rate of 7 Equity Shares for every 5 warrants allotted.
(As Per BSE Announcement Dated on 09/07/2009) |
| 03-Jan-07 |
| Country Club India Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on January 03, 2007, inter alia, have accorded to the following:
1. Authority to the Board to offer, issue, allot and deliver 16,00,000 convertible warrants on preferential basis in one or more tranches, convertible into 16,00,000 equity shares (one Equity Shares for one warrant issued) of the Company of the face value of Rs 10/- each to the following proposed allottees:
i. Y Rajeev Reddy - 12,00,000 (No of warrants to be allotted)
ii. Sonata Securities Pvt Ltd - 1,00,000 (No of warrants to be allotted)
iii. Crown Securities Pvt Ltd - 1,00,000 (No of warrants to be allotted)
iv. Rockstar Securities Pvt Ltd - 1,00,000 (No of warrants to be allotted)
v. Dimensional Properties Pvt Ltd - 1,00,000 (No of warrants to be allotted)
for cash which shall upon conversion rank pari-passu with the existing equity shares of the Company, in such form and manner and upon such terms and conditions as the Board may in its absolute discretion deem fit, at a price of Rs 405/- per warrant, which has been arrived at based on provisions of Clause 13.1.1 of SEBI (Disclosure and Investor Protection) Guidelines, 2000.
2. Authority to the Board to raise a total amount upto Rs 500 Crores or upto such other maximum amount as may be allowed under the SEBI Guidelines and / or other applicable laws in one or more tranches in such form, on such terms and timing and in such manner as may be considered by the Board of Directors to the various eligible categories of investors through Qualified Institutional Placement Mechanism as provided in Chapter XIII-A of SEBI (DIP) Guidelines, 2000 and to offer, issue and allot fully paid-up Securities to Qualified Institutional Buyers (QIBs) only as defined in Clause 2.2.2 (B)(v) of SEBI (DIP) Guidelines, 2000 through a placement Document'.
Country Club India Ltd has informed BSE that the circular resolution passed by the Board of Directors of the Company on January 11, 2007 has accorded to withdraw the proposal of issuing the 16,00,000 convertible warrants to Promoters and others which was approved by the members of the Company in the Extra-Ordinary General Meeting held on January 03, 2007.
(As Per BSE Announcement Website Dated on 13/01/2007) |