| Board has approved the following:
The Board of Directors have recommended issue of Bonus Shares in the proportion of 3 (Three) new Equity Shares for every 4 (Four) Equity Shares, of Rs. 2/- each, subject to approval of Members in General Meeting and the Regulatory Authorities, as necessary.
The Extra-ordinary General Meeting of the Company, to seek Members' approval for issue of Bonus Shares has been convened on February 24, 2010.
Crompton Greaves Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company will be held on February 24, 2010, inter alia, to transact the following :
1. To increase the Authorised Share Capital of the Company from Rs. 1,250,000,000/- (Rupees One Billion and Two Hundred And Fifty Million) divided into 625,000,000 Equity Shares of Rs. 2/- each to Rs. 2,600,000,000/- (Rupees Two Billion and Six Hundred Million), divided into 1,300,000,000 Equity Shares of Rs. 2/- each and consequential amendment in the Memorandum of Association of the Company.
2. Authority to the Board of Directors of the Company to capitalise such amount out of the Securities Premium Account of the Company for issue of fully paid Bonus Shares of the face value of Rs. 2/- each, to the holders of the existing Equity Shares of the Company, on such Record Date as may be fixed by the Board in this regard, in the proportion of 3 (Three) new Equity Shares for every 4 (Four) Equity Shares to which the shareholder is entitled, subject to necessary provision and approvals.
- The Bonus Shares shall be subject to the Memorandum and Articles of Association of the Company, and shall rank part passu in all respects with and carry the same rights as the existing Equity Shares and shall be entitled to participate in full, in any dividend declared after the allotment of Bonus Shares.
(As Per BSE Announcement Website dated on 02.02.2010)
Crompton Greaves Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on February 24, 2010, inter alia, have accorded to the following:
1. BONUS SHARES:
The Members have approved issue of Bonus Shares in the proportion of 3 (Three) new Equity Shares for every 4 (Four) Equity Shares of Rs. 2/- each.
2. INCREASE IN AUTHORISED CAPITAL:
The Members have also approved the increase in the Authorised Capital from Rs. 125,00,00,000/- (Rupees One Billion and Two Hundred And Fifty Million) divided into 62,50,00,000 Equity Shares of Rs. 2/- each, to Rs. 2,600,000,000/- (Rupees Two Billion and Six Hundred Million), divided into 1,300,000,000 Equity Shares of Rs. 2/- each.
(As Per BSE Announcement Website dated on 24.02.2010)
Crompton Greaves Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on February 24, 2010, inter alia, have also accorded to the following:
1. Increase the Authorised Share Capital of the Company from Rs. 1,250,000,000/- (Rupees One Billion and Two Hundred And Fifty Million) divided into 625,000,000 Equity Shares of Rs. 2/- each to Rs. 2,600,000,000/- (Rupees Two Billion and Six Hundred Million), divided into 1,300,000,000 Equity Shares of Rs. 2/- each and consequential amendment in the Memorandum of Association of the Company.
2. Authority to the Board of Directors of the Company to capitalise such amount out of the Securities Premium Account of the Company for issue of fully paid Bonus Shares of the face value of Rs. 2/- each, to the holders of the existing Equity Shares of the Company, on such
Record Date as may be fixed by the Board in this regard, in the proportion of 3 (Three) new Equity Shares for every 4 (Four) Equity Shares to which the shareholder is entitled, subject to necessary provision and approvals. - The Bonus Shares shall
be subject to the Memorandum and Articles of Association of the Company, and shall rank part passu in all respects with and carry the same rights as the existing Equity Shares and shall be entitled to participate in full, in any dividend declared after the allotment of Bonus Shares.
(As Per BSE Announcement Dated on 29/03/2010) |
| Crompton Greaves Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 14, 2006, inter alia, has approved the following:
The Extra Ordinary General Meeting of the Company, to seek members approval has been convened on November 23, 2006.
Crompton Greaves Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the Members of the Company will be held on November 23, 2006, inter alia, to capitalise such amount out at the Securities Premium Account of the Company for issue of fully paid Bonus Shares at the face value of Rs 2/- each, to the holders of the existing Equity Shares of the Company, on such Record Date as may be fixed by the Board in this regard, in the proportion of 2 new Equity Shares for every 5 Equity Shares to which the shareholder is entitled, subject to necessary provisions & approvals.
(As per BSE Announcement website dated on 01/11/2006)
Crompton Greaves Ltd has informed BSE that the members at the Extra-Ordinary General Meeting (EGM) of the Company held on November 23, 2006, have approved Issue of Bonus Shares in the proportion of 2 new Equity Shares for every 5 Equity Shares of Rs 2/- each.
(As per BSE Announcement website dated on 23/11/2006) |