| EGM 24/01/2006
The company has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on January 24, 2006, inter alia, have accorded their consent to the Board of Directors to issue, offer and allot in one or more
tranches in the course of domestic / international offerings to Domestic / Foreign Investors / Institutional Investors, Non-Resident Indians, Companies or Bodies Corporate whether incorporated in India or abroad, Trusts, Mutual Funds,
Bonds, Insurance Companies, Pension Funds, Individuals or otherwise, whether shareholders of the Company or not, through a Public Issue and / or on a private placement basis, equity shares and / or equity shares through depository receipts and / or foreign currency convertible bonds and / or any securities convertible into equity shares at the option of the Company and / or holder(s) of the securities and / or securities 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 securities with warrants ("Securities") secured or unsecured through prospectus and / or offer letter and / or circular basis so, however the total amount raised through the aforesaid securities not exceeding Rs 5000 million.
(As per BSE Bulletin dated on 24/01/2006)
The company has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on January 24, 2006, inter alia, have also accorded to the following:
1. Authority to borrow from time to time, both in Indian currency and in Foreign Exchange, for the purpose of Company business subject to obtaining necessary approvals of the Reserve Bank of India and other statutory authorities or other statutes for the time being in force as may be necessary, any sum or sums of money as it may deem proper,
notwithstanding that the monies to be borrowed together with monies already borrowed by the Company, if any, (apart from the temporary loans obtained from Company's bankers in the ordinary course of business) may exceed the aggregate for the time being of the paid-up capital and its free reserves, if any, that is to say, reserves not set apart for any specific purpose, provided that the total amount of monies to be borrowed by the Board together with monies already borrowed shall not exceed Rs 25000 million, subject to necessary approvals & provisions.
2. Increase in the Authorised Share Capital of the Company from Rs 1,25,00,00,000/- divided into 12,50,00,000 Equity Shares of Rs 10/- each to Rs 2,50,00,00,000/- divided into 25,00,00,000 Equity Shares of Rs 10/- each by creating further
12,50,00,000 Equity Shares of Rs 10/- each which shall rank pari passu with the existing equity shares in the Company and consequential amendments in the Memorandum of Association of the Company.
(As per BSE Bulletin dated on 02/02/2006) |
| EGM 18/03/2005
For obtaining necessary consent of the shareholders for the following:
1. Authority to make loans, guarantees and investments etc, in excess of the limit prescribed under Section 372 A of the Companies Act, 1956.
2. Authority to issue and allot convertible One Crore warrants on a preferential basis for Rs 2000 million under Section 81(A) of the Companies Act, 1956.
Gujarat Nre Coke Ltd. has informed the Exchange that an EGM of the shareholders of the Company will be held on March 18, 2005 for obtaining necessary consent of the shareholders in the undernoted matters: 1) Authority to make loans, guarantees and investments etc. in excess of the limit prescribed under Section 372 A of the Companies Act,1956. 2) Authority to issue and allot convertible One Crore warrants on a preferential basis for Rs.200 Crores under Section 81(A) of the Companies
Act,1956.
(As per NSE Bulletin dated on 25/02/2005)
The Company has informed that an Extra Ordinary General Meeting of the shareholders of the Company will be held on March 18, 2005, for obtaining necessary consent of the shareholders for the following:
1.Authority to make loans, guarantees and investments etc, in excess of the limit prescribed under Section 372 A of the Companies Act, 1956.
2. Authority to issue and allot convertible One Crore warrants on a preferential basis for Rs 2000 million under Section 81(A) of the Companies Act, 1956.
(As per BSE Bulletin dated on 02/03/2005)
The company has informed that the members at the EGM of the Company held on 18/03/2005, have:
1. Accorded their Consent to the Board of Directors to make loans, give guarantees and/or to acquire securities of any other body corporate up to an amount not exceeding Rs.700 crores.
2. Approved the issue of one crore warrants, of the Company on private placement basis, with an option to convert them into one equity share per warrant, on or after 01/10/2005 but within a period of 18 months from the date of issue
of the said warrants at a price not less than Rs.200/- per equity share of Rs.10/- each, as may be decided by the Board of Directors.
(As per BSE bulletin dated on 21/03/2005)
Gujarat Nre Coke Ltd. has informed the Exchange that members of the Company, in its EGM held on
March 18, 2005 had: 1) Accorded their consent to the BODs to make loans, give guarantees and/or to acquire securities of any other body corporate upto an amount not exceeding Rs. 700 crores; and 2) Approved the issue of one crore warrants, of the Company on private placement basis, with an option to convert them into one equity share per warrant, on or after
October 01, 2005 but within a period of 18 months from the date of issue of the said warrants, at a price not less than Rs. 200/- per equity share of
Rs. 10/- each, as may be decided by the BODs.
(As per NSE Bulletin dated on 21/03/2005)
The company has informed that pursuant to section 81(1A) of the Companies Act 1956 & in accordance with the consent of the members accorded vide special resolution passed in the Extra Ordinary General Meeting held on March 18, 2005, the Board of Directors of the Company at its meeting held on April 02, 2005 have allotted 1,00,00,000 (one
crore) convertible warrants to the following associate concern of the Company, as specified below
1. M/s Dolly Interexim Pvt. Ltd. - 50,00,000 Warrants Allotted
2. M/s Brinda Dealing Pvt. Ltd. - 50,00,000 Warrants Allotted
Each warrant carries an option / entitlement to subscribe to one number of Equity Share of Rs 10/- each of the Company at a price of Rs 200/- per shares, in exchange of each such warrant on a future date (i.e. options / entitlement to
subscribe to maximum of 1,00,00,000 (One crore only) Equity shares of Rs 10/- each in aggregate), on or after October 01, 2005 but within a period not exceeding 18 (eighteen) months from the date of issue of such warrants.
(As per BSE Bulletin dated on 04/04/2005)
The company has informed that pursuant to section 81(1A) of the Companies Act 1956 & in accordance with the consent of the members accorded vide special resolution passed in the Extra Ordinary General Meeting held on March 18, 2005, the Board of Directors of the Company at its meeting held on April 02, 2005 have allotted 1,00,00,000
convertible warrants to the following associate concern of the Company, as specified below :-
1. M/s Dolly Interexim Pvt. Ltd. - 50,00,000 Warrants Allotted
2. M/s Brinda Dealing Pvt. Ltd. - 50,00,000 Warrants Allotted
Each warrant carries an option / entitlement to subscribe to one number of Equity Share of Rs 10/- each of the Company at a price of Rs 200/- per shares, in exchange of each such warrant on a future date (i.e. options / entitlement to subscribe to maximum of 1,00,00,000 (One crore only) Equity shares of Rs 10/- each in aggregate), on or after 01/10/2005 but within a period not exceeding 18 (eighteen) months from the date of issue of such warrants.
(As per BSE Bulletin dated on 05/04/2005)
The company has informed that pursuant to the shareholders approval vide special resolution passed in the Extra Ordinary General Meeting held on March 18, 2005 and having received the full application money at the rate of Rs 20/- per warrant, being 10% of the conversion price of Rs 200/- per share, 1,00,00,000 convertible warrants, each warrant carrying an option / entitlement to subscribe to one number of Equity Share of Rs 10/- each of the Company, at the said conversion price, in exchange of each such warrant on or after October 01, 2005 but within a period not exceeding 18 months from the date of issue of such warrants which was allotted to M/s. Dolly Interexim Pvt Ltd and M/s. Brinda Dealing Pvt Ltd (each allotted 50,00,000 warrants), the Company has received request from both the allottees to convert
fifty percent, i.e. 25,00,000 warrants each into equity shares of the Company, both the said allottees having paid their balance of Rs 180/- per warrant.
Further the Company informed that the subject conversion of warrants into equity shares shall be considered in the next Board Meeting.
(As per BSE Bulletin dated on 06/10/2005) |