| Godrej Consumer Products Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the Company will be held on February 21, 2012 , inter alia, to transact the following;
1. Preferential Allotment of Equity shares.
2. Commission on Profits to Non Executive Directors. (For more details kindly refer Corporate Announcements on www.bseindia.com).
Godrej Consumer Products Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company was held on February 21, 2012.
(As Per BSE Announcement Dated on 21.02.2012)
Godrej Consumer Products Ltd has informed BSE that in terms of the shareholders approval vide the special resolution passed in the EGM on February 21, 2012, the Board of Directors have on February 24, 2012, issued and allotted 16,707,317 equity shares of Re. 1 each at a premium of Rs. 409 per share to Baytree Investments (Mauritius) Pte Ltd., on a preferential basis.
Consequently the subscribed and paid-up capital of the Company stands enhanced to 340,297,461 equity shares of Re. 1 each.
(As Per BSE Announcement Dated on 24.02.2012) |
| Godrej Consumer Products Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 02, 2011, inter alia, consider the following:
The Board has convened the 11th Annual General Meeting of the members of the Company. The details of date, time and venue are given below:
Date : Saturday, July 23, 2011
Time : 3.30 p.m.
Venue : Y B Chavan Centre General Jagannath Bhosale Marg Nariman Point, Mumbai 400 021. |
| Godrej Consumer Products Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on February 10, 2010, inter alia, have accorded to the following:
1. Acquisition of balance 51% stake in Godrej Sara Lee Ltd subject to the provisions of Section 372A of the Companies Act, 1956:
- Authority to the Board to further invest in securities of Godrej Sara Lee Ltd by subscription / purchase or otherwise, upto a sum of Rs. 850 crore (Rupees Eight Hundred Fifty Crore only), notwithstanding that the aggregate of the loans / investments made by the Company and guarantees provided by the Company in connection with the loan availed by any other bodies corporate, exceed / will exceed at any point of time the limits laid down by the Act, subject to necessary provisions & approvals.
2. Deployment of rights issue proceeds:
- Amendment in the Letter of Offer dated March 14, 2008 and to deploy the balance proceeds of the rights issue for the purposes and within the time frame given below:
i. Purpose / Activity: Funding of Capital Expenditure / Acquisition of balance 51% stake in Godrej Sara Lee Ltd
- Total Remainder Amount to be utilized by March 31, 2012- Rs 113.50 crore
ii. Purpose / Activity: Investment in / Repayment of loan taken with respect to acquisition of stake in Godrej Hygiene Products Ltd., Godrej Netherlands BV and Kinky Group (Pty) Ltd / Acquisition of balance 51% stake in Godrej Sara Lee Ltd
- Total Remainer Amount to be utilized by March 31, 2012- Rs 186.84 crore
3. Increase in Authorised Capital:
- Increase in the authorised share capital of the Company from Rs. 35,71,00,000 divided into 34,71,00,000 equity shares of the nominal value Re. 1 each and 1,00,00,000 unclassified shares of Re. 1 each to Rs. 42,00,00,000 divided into 41,00,00,000 equity shares of the nominal value Re. 1 each and 1,00,00,000 unclassified shares of the nominal value Re. 1 each, by creation of an additional 6,29,00,000 equity shares of nominal value Re. 1 each & consequential amendments in Memorandum & Articles of Association of the Company.
4. Issue of Securities:
- Authority to the Board to create, offer, issue and allot, in one or more tranches, equity shares or warrants convertible into equity shares simultaneously with non-convertible debentures or foreign currency convertible bonds (FCCBs) convertible into equity shares of the Company or Public Issue of the equity shares, with or without provision for reservation on firm and / or competitive basis or American Depository Receipts or Global Depository Receipts represented by underlying equity shares of the Company or other securities or loans convertible into equity shares of the Company (Securities), for an amount up to Rs. 3,000 crores (Rupees Three Thousand Crore only), inclusive of such premium, as may be finalized by the Board, at such price being not less than the price determined in accordance with the applicable Guidelines / Regulations issued by SEBI or the Ministry of Finance or the RBI 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 Securities, subject to necessary provisions & approvals.
5. Creation of mortgage and / or charge on all or any of the Company's moveable, immoveable and or intangible assets including the pledge of the Companys Investments:
- Authority to the Board to secure the borrowings of the Company, by the creation of a mortgage and / or charge on all or any of the Companys immovable, movable and / or intangible assets, both present and future in such form and manner and on such terms as may be deemed fit including the p of the any of the Companys investments, subject to necesary provisions & approvals.
6. Borrowing in excess of the paid up capital and free reserves.
- Authority to the Board to borrow from time to time for the purpose of the Companys business any sum or sums of money as it may deem fit (apart from temporary loans obtained from the Companys bankers in the ordinary course of business), upto an amount not exceeding Rs. 3,000 crore in excess of the paid up capital and free reserves, that is to say reserves not set apart for any specific purpose and for the purpose of the implementation of this resolution, the Board may act through any of its Committee, subject to necessary provisions & approvals. |
| Godrej Consumer Products Ltd has informed BSE that by an Order made on June 19, 2009, the Hon'ble High Court of Judicature at Bombay has directed that a meeting of the Equity Shareholders of the Company, will be held on July 31, 2009, for the purpose of considering and, if thought fit, approving with or without modification(s), the proposed arrangement embodied in the Scheme of Amalgamation of Godrej ConsumerBiz Ltd and Godrej Hygiene Care Ltd with Godrej Consumer Products Ltd (the Company') and Their Respective Shareholders.
Godrej Consumer Products Ltd has informed BSE that pursuant to the directions given by the Hon'ble High Court of Bombay under section 391 of the Companies Act, 1956, a meeting of the Equity Shareholders of the Company was held on July 31, 2009, for the purpose of considering and, if thought fit, approving with or without modification(s), the arrangement embodied in the Scheme of Amalgamation ('the Scheme') of Godrej ConsumerBiz Ltd and Godrej Hygiene Care Ltd with the Company and their Respective Shareholders.
Further the Company has informed that, at the said meeting, the equity shareholders have approved the Scheme without any modifications with the requisite majority.
(As Per BSE Announcement Website dated on 03.08.2009)
Godrej Consumer Products Ltd has submitted to BSE the minutes of the Court Convened Meeting of the shareholders held on July 31, 2009.
(As Per BSE Announcement Dated on 24/08/2009) |