| 30-Jun-09 |
| GVK Power & Infrastructure Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on June 30, 2009, inter alia, to transact the following:
1. To increase the Authorised Share Capital of the Company from Rs 177,25,00,000/- (Rupees One hundred seventy seven crore twenty five lacs only) divided into 177,25,00,000 Equity shares of Re 1/- each to Rs 250,00,00,000/- (Rupees Two hundred fifty crores only) divided into 250,00,00,000 Equity shares of Re 1/- each (Rupees One only) and consequential amendment in the Memorandum & Articles of Association of the Company.
2. To create, offer, issue, and allot, from time to time, in one or more tranches, equity shares of the Company ('Equity Shares') and / or any instruments or securities representing Equity Shares and / or convertible into Equity Shares, either at the option of the Board or holder thereof, ('Specified Securities' within the meaning of SEBI DIP Guidelines), or any combination thereof, not exceeding Rs 2,500 Crores (with an option to retain up to Rs 500 Crores from the excess subscriptions received) inclusive of premium that may be finalised by the Board to Qualified Institutional Buyers (as defined by the DIP Guidelines) ('QIBs') pursuant to a Qualified Institutions Placement, as provided under Chapter XIII-A of the SEBI DIP Guidelines at such price being not less than the price determined in accordance with the pricing formula of the aforementioned SEBI DIP Guidelines and such issue and allotment to be made on such terms and conditions as may be decided by the Board at the time of issue or allotment of the Specified Securities, subject to necessary provisions & approvals.
3. To create, offer, issue and allot, from time to time, in one or more tranches, warrants entitling the holder(s) thereof to subscribe, from time to time, the equity shares of the Company (arrant), to the promoters / promoter group, whether or not they are Members of the Company, under a preferential issue through documents or in such manner and on such terms and conditions as may be determined by the Board in its absolute discretion; provided that the aggregate number of resultant equity shares of the company to be issued against Warrants shall not exceed 30,00,00,000 fully paid equity shares of the face value of Re 1 each, subject to necessary provisions & approvals.
GVK Power & Infrastructure Ltd has informed BSE that the shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on June 30, 2009, inter alia, have approved the following:
1. The issue and allotment of equity shares of the Company, not exceeding Rs 2500 Crores (with an option to retain up to Rs 500 Crores from the excess subscriptions received) pursuant to an offer to qualified institutional buyers under Chapter XIIIA of the Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000.
2. The issue and allot such number of share warrants or other securities convertible, in aggregate, not exceeding 30,00,00,000 fully paid equity shares of Re 1 each, at or above the floor price as may be determined in accordance with the SEBI Guidelines on preferential issue of securities to Promoters and Promoter group (which term shall include individuals or Companies or such other juristic persons as may be permitted under the applicable laws).
(As Per BSE Announcement Dated on 30/06/2009)
GVK Power & Infrastructure Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on June 30, 2009, inter alia, have accorded to the following:
1. Increase the Authorised Share Capital of the Company from Rs 177,25,00,000/- (Rupees One hundred seventy seven crore twenty five lacs only) divided into 177,25,00,000 Equity shares of Re 1/- each to Rs 250,00,00,000/- (Rupees Two hundred fifty crores only) divided into 250,00,00,000 Equity shares of Re 1/- each (Rupees One only) and consequential amendment in the Memorandum & Articles of Association of the Company.
2. Authority to the Board to create, offer, issue, and allot, from time to time, in one or more tranches, equity shares of the Company ('Equity Shares') and / or any instruments or securities representing Equity Shares and / or convertible into Equity Shares, either at the option of the Board or holder thereof, ('Specified Securities' within the meaning of SEBI DIP Guidelines), or any combination thereof, not exceeding Rs 2,500 Crores (with an option to retain up to Rs 500 Crores from the excess subscriptions received) inclusive of premium that may be finalised by the Board to Qualified Institutional Buyers (as defined by the DIP Guidelines) ('QIBs') pursuant to a Qualified Institutions Placement, as provided under Chapter XIII-A of the SEBI DIP Guidelines at such price being not less than the price determined in accordance with the pricing formula of the aforementioned SEBI DIP Guidelines and such issue and allotment to be made on such terms and conditions as may be decided by the Board at the time of issue or allotment of the Specified Securities, subject to necessary provisions & approvals.
3. Authority to the Board to create, offer, issue and allot, from time to time, in one or more tranches, warrants entitling the holder(s) thereof to subscribe, from time to time, the equity shares of the Company (arrant), to the promoters / promoter group, whether or not they are Members of the Company, under a preferential issue through documents or in such manner and on such terms and conditions as may be determined by the Board in its absolute discretion; provided that the aggregate number of resultant equity shares of the company to be issued against Warrants shall not exceed 30,00,00,000 fully paid equity shares of the face value of Re 1 each, subject to necessary provisions & approvals.
(As Per BSE Announcement Website dated on 07.07.2009)
GVK Power & Infrastructure Ltd has informed BSE that the shareholders of the Company at their Extraordinary General Meeting held June 30, 2009 had approved a proposal to issue further equity up to an amount of Rs. 2,500 Crores through QIP. Keeping the then market conditions in view, the Company had restricted the amount only to the extent, of Rs. 700 Crores and wait for some more time to raise the remaining funds.
(As Per BSE Announcement Website dated on 14.10.2009) |
| 03-May-07 |
| GVK Power & Infrastructure Ltd has informed BSE that pursuant to the order made by the High Court of Delhi at New Delhi, a meeting of the shareholders of the Company will be held on May 03, 2007, for the purpose of considering, and if thought fit, approving with or without modification(s), the proposed scheme of amalgamation of M/s. Bowstring Projects & Investments Pvt Ltd (First transferor Company) and M/s. Green Garden Horticulture Pvt Ltd (Second transferor Company) with the Company (Transferee Company).
Further the Company has informed that, pursuant to the order made by the High Court of Delhi at New Delhi, a meeting of the shareholders of the Company will be held on May 03, 2007, for the purpose of considering, and if thought fit, approving with or without modification(s), the proposed Scheme of Arrangement amongst M/s. GVK Industries Ltd and the Company and their respective shareholders.
GVK Power & Infrastructure Ltd has informed BSE that the equity shareholders of the Company at their Court Convened Meeting held on May 03, 2007, have unanimously approved the Scheme of Amalgamation between M/s. Bowstring Projects & Investments Pvt Ltd (First transferor Company) and M/s. Green Garden Horticulture Pvt Ltd (Second transferor Company) with the Company (Transferee Company) and their respective Shareholders and Creditors.
Further the Company has informed that the equity shareholders of the Company at their Court Convened Meeting held on May 03, 2007, have unanimously approved the Scheme of Arrangement amongst M/s. GVK Industries Ltd and the Company and their respective Shareholders.
(As Per BSE Announcement Website Dated on 09/05/2007) |
| 06-Mar-07 |
| GVK Power & Infrastructure 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. (i) To amend the Memorandum of Association of the Company by substituting the following words and figures in the place of existing Clause V of the Memorandum of Association of the Company.
"The Authorised Share Capital of the Company is Rs 175,00,00,000 divided into 17,50,00,000 Equity Shares of Rs 10/- each.
(ii) To increase the Authorised Share Capital of the Company from Rs 50,00,00,000/- divided into 5,00,00,000 Equity shares of Rs 10/- each to Rs 175,00,00,000/- divided into 17,50,00,000 Equity shares of Rs 10/- each.
2. To offer, issue and allot (including with provisions for reservation on firm and / or competitive basis, of such part of issue and for such categories of persons including employees of the Company as may epermitted) either in India or in the course of international offering(s) in one or more foreign markets, such number of Equity Shares or Equity Shares or Global Depository Receipts (GDRs), Foreign Currency Convertible Bonds (FCCBs), with or without a green shoe option (through Depository Receipt Mechanism or directly to investors) and / or any other financial instruments convertible into Equity Shares or otherwise, in registered or bearer form and / or any security convertible into Equity Shares, securities, linked to Equity Shares and / or securities with or without detachable warrants with right exercisable by the warrant holders to convert or subscribe to Equity Shares ("Securities") or any combination of Securities in one or more tranches, whether rupee denominated or denominated in foreign currency, to any eligible person, including foreign / resident Investors (whether institutions, incorporated bodies, mutual funds, individuals or otherwise), Foreign Institutional Investors, Indian and / or Multilateral Financial Institutions, Mutual Funds, Non-Resident Indians, stabilizing agents and / or any other categories of investors, whether they be holders of shares of the Company or not ("Investors") through public issue(s) of prospectus, private placement(s), or a combination thereof at such time or times, at such price or prices, at a discount or premium to market price or prices in such manner and on such terms and conditions including security rate of interest etc. as may be deemed appropriate by the Board at its absolute discretion including the discretion to determine the categories of investors to whom the offer, issue and allotment shall be made to the exclusion of other categories of investors at the time of such offer, issue and allotment considering the prevailing market conditions and other relevant factors and wherever necessary in consultation with Lead Managers, up to an amount not exceeding US$ 500 million either in foreign currency or equivalent Indian Rupees inclusive of such premium as may be determined by the Board, in any convertible foreign currency, as the Board at its absolute discretion may deem fit and appropriate, subject to necessary provisions and approvals.
3. To issue, offer and allot equity shares of the Company ("Equity Shares") or instruments convertible into Equity Shares ("Securities") for up to the amount of USD 500 million only or in equivalent Indian Rupees inclusive or such premium, as specified above, to Qualified Institutional Buyers (as defined by the DIP Guidelines) pursuant to a qualified institutional placement, as provided under Chapter XIII-A or the DIP Guidelines, subject to necessary provisions and approvals.
GVK Power & Infrastructure Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 06, 2007, inter alia, have also accorded to the following:
1. Authority to the Board to offer, issue and allot (including with provisions for reservation on firm and / or competitive basis, of such part of issue and for such categories of persons including employees of the Company as may be permitted) either in India or in the course of international offering(s) in one or more foreign markets, such number of Equity Shares or Global Depository Receipts (GDRs), Foreign Currency Convertible Bonds (FCCBs), with or without a green shoe option (through Depository Receipt Mechanism or directly to investors) and/or any other financial instruments convertible into Equity Shares or otherwise, in registered or bearer form and/or any security convertible into Equity Shares, securities, linked to Equity Shares and/or securities with or without detachable warrants with right exercisable by the warrant holders to convert or subscribe to Equity Shares ("securities") or any combination of Securities, in one or more tranches, whether rupee denominated or denominated in foreign currency, to any eligible person, including foreign/resident investors (whether institutions, incorporated bodies, mutual funds, individuals or otherwise), Foreign Institutional Investors, Indian and/or Multilateral Financial Institutions, Mutual Funds, Non-Resident Indians, stabilizing agents and/or any other categories of investors, whether they be holders of shares of the Company or not ("Investors" ) through public issue(s) of prospectus, private placement(s), or a combination thereof at such time or times, at such price or prices, at a discount or premium to market price or prices in such manner and on such terms and conditions including security, rate of interest etc as may be deemed appropriate by the Board at its absolute discretion including the discretion to determine the categories of Investors to whom the offer, issue and allotment shall be made to the exclusion of other categories of Investors at the time of such offer, issue and allotment considering the prevailing market conditions and other relevant factors and wherever necessary in consultation with Lead Managers, up to and amount not exceeding US$ 500 million either in foreign currency or equivalent Indian Rupees inclusive of such premium as may be determined by the Board, in any convertible foreign currency, as the Board at its absolute discretion may deem fit and appropriate, subject to necessary provisions & approvals.
2. Authority to the Board to issue, offer and allot equity shares of the Company ("Equity Shares") or instruments convertible into Equity Shares ("Securities") for an amount not exceeding USD 500 million Only or in equivalent Indian Rupees inclusive of such premium, as specified above, to Qualified Institutional Buyers (as defined by the DIP Guidelines) pursuant to a qualified institutional placement, as provided under Chapter XIII-A of the DIP Guidelines, subject to necessary provisions & approvals.
(As per BSE Announcement website dated on 21/03/2007) |