| Godawari Power and Ispat Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 22, 2012, inter alia, has transacted the following :
- The Board has decided to convene an Extra-Ordinary General Meeting (EGM) on June 25, 2012 at Raipur for approval of shareholders in respect of issue and allotment of 50,00,000 convertible warrants to the Promoters and /or Promoters Group on Preferential basis. Alterations in Articles of Association and Appointment of Shri Abhishek Agrawal as Whole Time Director and Remuneration payable to him.
Godawari Power and Ispat Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the Company will be held on June 25, 2012.
(As Per BSE ANnouncement Website Dated on 04/06/2012)
Godawari Power and Ispat Ltd has informe BSE that the May 25, 2012 as Relevant Date for allotment of 50,00,000 warrants on preferential basis to M/s. Hira Infra-Tek Ltd. The Relevant date was inadvertently informed to the stock Exchange as May 26, 2012, which has now been rectified; the corrected copy of the Notice is attached.
Godawari Power and Ispat Ltd has informe BSE that the May 25, 2012 as Relevant Date for allotment of 50,00,000 warrants on preferential basis to M/s. Hira Infra-Tek Ltd. The Relevant date was inadvertently informed to the stock Exchange as May 26, 2012, which has now been rectified; the corrected copy of the Notice is attached.
(As Per BSE Announcement Website Dated on 22/06/2012)
Godawari Power and Ispat Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company was held on June 25, 2012.
Outcome of EGM :
An Extra-ordinary General Meeting (EGM) was held on June 25, 2012 and the following motions proposed for modifications in the proposed resolutions were approved unanimously by members present:
- In the Special Resolution No. 1 relating to Preferential Allotment of 50,00,000 share warrants convertible into 50,00,000 equity shares of Rs. l0/- (Rupees Ten Only) each fully paid-up to M/s. Hira Infra-Tek Limited (Promoter Group Company), the following modifications were approved:
(a) The members attention was drawn to the facts that the minimum price as per the SEBI (ICDR) Regulations, 2009, for preferential issue has been calculated considering average of the high and low of the closing price at the National Stock Exchange of India Limited (NSE) for 'Twenty Six Weeks' and not 'Six Months'. The word 'Six Months' as stated in the EGM Notice dated May 22, 3012. Resolution No. 1, First Para, Point No. 1 be substituted/ replaced by the word 'Twenty Six Weeks'.
The members attention was also drawn to the fact that as per SEBI (ICDR) Regulations, 2009 (amended vide notification dated January 30, 2012), vide which definition of relevant date was modified/ amended to the effect that, 'Where the relevant date falls on a Weekend / Holidays the day preceding the Weekend / Holiday will be reckoned to be the relevant date. The relevant date (i.e. 30 days prior to the date of EGM) mentioned in the notice was May 26, 20l2, which was a weekend/holiday; hence as per the aforesaid - amended regulation the correct relevant date is - May 25, 2012. The relevant date May 26, 2012, as mentioned - in the EGM notice dated May 22, 2012 in the Resolution No. l. Second Para, Line No. 3 and Explanatory Statement of Item No. l, Part B, Point No. (V), Line No.2 - be substituted / replaced by the words number and symbol May 25, 2012 in place of existing May 26, 2012. This will result in relevant date modified as May 25, 2012.
The copy of notice after incorporating the modifications/changes was circulated to all the Members / Proxies / Authorized Representatives present at the meeting. The members present in the meeting unanimously approved the aforesaid modifications.
Thereafter, the resolutions were put to vote and which were passed unanimously by the members present at the Meeting. (For more details kindly refer Corporate Announcements on www.bseindia.com).
(AsPer BSE Announcement Website Dated on 25/06/2012)
Godawari Power and Ispat Ltd has submitted to BSE a copy of submission of details regarding the voting results for Extra Ordinary General Meeting (EGM) held on June 25, 2012 under clause 35A.
(A sPer BSE ANnouncement Websiite Dat ed on 26/06/2012)
Godawari Power and Ispat Ltd has informed BSE that pursuant to the resolution passed by the shareholders of the Company in the Extra-ordinary General Meeting held on June 25, 2012, the Company has allotted 50,00,000 warrants of Rs. 130/- each convertible into 50,00,000 equity shares of Rs. 10/- each fully paid at a premium of Rs.120/- per share to M/s. Hira lnfra-Tek Limited (A Promoter Group Company).
The above allotment has been made by the committee of the Board constituted for this purpose in its meeting held on July 07, 2012 at Raipur.
The Company has received 25% of the issue price of the warrants issued to M/s. Hira Infra-Tek Limited (i.e. Rs. 16,25,00,000/-) and the balance amount of 75% shall be received from the allottee on or before conversion of the warrants into equity within the stipulated period of eighteen month.
(As Per BSE Announcement Website Dated on 09/07/2012)
Godawari Power and Ispat Ltd has submitted to BSE a copy of Minutes of Extra Ordinary General Meeting (EGM) of the Company was held on June 25, 2012. (For more details kindly refer Corporate Announcements on www.bseindia.com).
(As Per BSE Announcement Dated on 28.07.2012) |
| Godawari Power & Ispat Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on December 15, 2007, inter alia, to transact the following business:
1. To create, offer, issue and allot in one or more trenches, in the course of domestic / international offerings to one or more persons as the Board may determine at its absolute discretion, whether or not they are members of the Company, including but not limited to Domestic Investors / Foreign Investors whether having presence in India or not / Institutional Investors / Foreign Institutional Investors, Members, Employees, Non-Resident Indians, Companies or Bodies Corporate whether incorporated in India or abroad, Trusts, Mutual Funds, Banks, Financial Institutions, Insurance Companies, Pension Funds, Individuals or otherwise, whether shareholders of the Company or not, depository receipts including Global Depository Receipts ("GDRs") and / or American Depository Receipts ("ADRs"), Foreign Currency Convertible Bonds ("FCCBs") with or without an over-allotment option, with or without reservation on firm and / or competitive basis of such part of the issue for such person or categories of persons as may be permitted, equity shares and / or any other securities / warrants convertible into equity shares at tie option of the Company and / or holder(s) of the securities / warrants / other instruments and / or securities / warrants linked to equity shares and / or securities with warrants including any instruments or securities representing either equity shares and / or Foreign Currency Convertible Bonds or Convertible Securities or securities linked to equity shares or equity shares / fully convertible debentures / partly convertible debentures or any securities other than warrants which are convertible or exchangeable into equity shares at a later date and pursuant to the provisions of chapter XIII-A of the Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000 ("SEBI Guidelines") as in force Qualified Institution Placement (QIP) or a combination of the foregoing ("Securities"), secured or unsecured, listed on any stock exchange inside India or any international stock exchange outside India, through an offer document and / or prospectus and / or offer letter and / or offering circular and / or information memorandum and / or any other offering document(s) including an umbrella or shelf offering document, and/or listing particulars, as the Board in its sole discretion may at any time or times hereafter decide, for an amount not exceeding Rs 210 crore (Rupees Two Hundred and Ten Crores only) inclusive of such premium from time to time, such issue and allotment to be made at such time or times in one or more trenches, denominated in one or more currencies, at such price or prices in such manner and where necessary in consultation with the Lead Managers and / or Underwriters and / or Stabilizing Agents and / or other Advisors or otherwise on such terms and conditions as the Board may, in its absolute discretion, decide at the time of issue of Securities or on any other date for or at the option to the Board to retain for additional allotment, such amount of subscription not exceeding 15% of the amount of the initial offer of each tranche as the Board may deem fit, subject to necessary provision and approvals.
2. To create, offer, issue and allot in one or more trenches, to the Promoters / Promoters group on a preferential basis, upto 10,00,000 share warrants convertible into 10,00,000 equity shares of Rs 10/- (Rupees Ten only) each fully paid up at a price which shall not be lower than the price determined in accordance with the provisions of Chapter XIII of the SEBI (Disclosure & Investors Protection) Guidelines, 2000, subject to necessary provisions & approvals.
3. To increase the Authorised Share Capital of the Company from Rs 25,00,00,000/- (Rupees Twenty Five Crores only) to Rs 35,00,00,000 (Rupees Thirty Five Crore only) by Creation of additional 1,00,00,000 (One crore) Equity Shares of Rs 10 (Rupees Ten only) each & consequential amendment in the Memorandum of Association of the Company.
Godawari Power And Ispat Limited has informed the Exchange regarding the outcome of Extra Ordinary General Meeting held on December 15, 2007.
(As per NSE Bulletin dated on 17/12/2007)
Godawari Power & Ispat Ltd has informed BSE that pursuant to resolution passed by the Shareholders of the Company in the Extra Ordinary General Meeting held on December 15, 2007 and pursuant to in-principal approval from Stock Exchange, the Company has allotted 10,00,000 warrants convertible into equity to M/s Hira Industries Ltd (Promoter group) at a price of Rs 324/- per warrant which will be converted into one equity share of Rs 10/- each fully paid at a premium of Rs 314/- per share.
The above allotment has been made by the committee of the Board constituted for this purpose in its meeting held on December 20, 2007.
The Company has received 10% of the issue price of the warrants issued to the promoter group i.e., Rs 3,24,00,000/- on December 18, 2007 from M/s. Hira Industries Ltd and the balance amount of 90% shall be received, from the allottee on or before conversion of the warrants into equity.
(As Per BSE Announcement Website Dated on 15/12/2007)
Godawari Power & Ispat Ltd has informed BSE that pursuant to the approval of the shareholders in the extraordinary general meeting held on December 15, 2007 for issue of equity shares under Qualified Institutional Placement to QIBs and as per the Preliminary Placement Document dated December 17, 2007 filed with the Stock Exchanges, the Committee of the Board of Directors in its meeting held on January 12, 2008 allotted 3225807 equity shares of Rs 10 each fully paid at a premium of Rs 300 per share to the following QIP Investors:
1. Lehman Brothers Asia Ltd Sub A/c Name: GRA Finance Corporation Ltd : 413,832 No of Shares
2. Global Asia Fund Ltd (Mauritius) Sub A/c Name: Global Proprietary Fund : 132,426 No of Shares
3. Oman National Investment Corporation Holding SAOG : 67,537 No of Shares
4. Punjab National Bank : 105,100 No of Shares
5. DSP Merrill Lynch Trustee Co. Pvt Ltd Sub A/C. Name: DSP Merrill Lynch Tax Saver Fund : 31,530 No of Shares
6. Deutsche Securities Mauritius Ltd: 423,764 No of Shares
7. Allahabad Bank : 213,590 No of Shares
8. Premier Investment Fund Ltd : 225,125 No of Shares
9. Japan Trustee Services Bank, Ltd Sub A/C. Name: STB Lloyd George-India Equity Mother Fund : 161,373 No of Shares
10. BNP Paribas Arbitrage : 316,200 No of Shares
11. APS Far East Growth Fund : 12,600 No of Shares
12. APS Small Cap Alpha Fund : 97,495 No of Shares
13. The GMO Emerging Illiquid (Mauritius) Fund : 408,000 No of Shares
14. UBAM Equity Bric : 94,036 No of Shares
15. ABN Amro Mutual Fund A/C ABN Amro Equity Fund : 102,000 No of Shares
16. ABN Amro Mutual Fund A/C ABN Amro Tax Advantage Plan : 102,000 No of Shares
17. ABN Amro Mutual Fund A/C ABN Amro Opportunities Plan : 242,250 No of Shares
18. ABN Amro Mutual Fund A/C ABN Amro Future Leaders Plan : 76,949 No of Shares.
(As Per BSE Announcement Website Dated on 14/01/2008) |