| 26-May-11 |
| Hiran Orgochem Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company will be held on May 26, 2011 at the registered office of the Company at Palm Court, 601, A/1, M Block, Link Road, Malad (West), Mumbai - 400064 at 2.00 P.M. to appointed M/s. Pachori & Associates, Chartered Accountants as the Statutory Auditors of the Company, to fill the casual vacancy caused by the resignation of M/s. B. L. Dasharda & Associates, Chartered Accountants, Statutory Auditors of the Company, to hold the office until the conclusion of the next Annual General Meeting, on such remuneration as may be fixed by the Board of Directors plus reimbursement of out of pocket expenses.
Hiran Orgochem Ltd has informed BSE that the Members at the Extra Ordinary General Meeting (EGM) of the Company held on May 26, 2011, have approved the appointment of M/s. Pachori & Associates, Chartered Accountants as the new Statutory Auditors of the Company to fill the casual vacancy caused by resignation of M/s. B. L. Dasharda & Associates, Chartered Accountants.
(As Per BSE Annoncement Website Dated on 28/05/2011) |
| 30-Jan-07 |
| Hiran Orgochem Ltd has informed BSE that an Extra-Ordinary General Meeting (EGM) of the members of the Company will be held on January 30, 2007, inter alia, to transact the following:
1. Commencement of and undertaking any or all the activities specified in the sub-clause Nos. 69 and 70 of Clause III (C) of the Memorandum of Association of the Company and to take all such actions and do all such things as may be necessary from time to time in connection with the same, subject to necessary provisions and approvals.
2. Increase in the Authorised Share Capital of the Company from Rs 11,00,00,000/-
divided into 1,10,00,000 Equity Shares of Rs 10/- each to Rs 15,00,00,000/- divided into 1,50,00,000 Equity Shares of Rs 10/- each by creation of an additional 40,00,000
Equity Shares of Rs 10/- each and consequential amendments in the Memorandum & Articles of Association of the Company.
3. To offer, issue and allot on a preferential basis upto :
i. 10,00,000 Equity Shares of Rs 10/- each for cash at a premium of Rs 120/- per share (the pricing which is determined in accordance with the SEBI Guidelines as applicable) aggregating Rs 13,00,00,000/-, by way of Preferential allotment(s) to persons / entities including the promoters of the Company, whether such allottees are shareholders of the Company or not; and
ii. 20,00,000 Optionally Fully Convertible Warrants (OFCWs) ("Warrants") to persons / entities including the promoters of the Company, whether such allottees are shareholders of the Company or not, each warrant convertible at the sole option of the holder thereof, any time on or after April 01, 2007 but before expiry of 18 months from the date of allotment thereof, into 1 fully paid up equity share of the Company of face value of Rs 10/- at an exercise price (including premium) of Rs 130/- per warrant (the pricing which is determined in accordance with the SEBI Guidelines as applicable) aggregating Rs 26,00,00,000/-, and the issue of fresh equity shares on the conversion of the Warrants, on such further term conditions of the Warrants as may be finalized by the Board of Directors and also to seek listing of such securities On the stock exchange(s) in consultation with Advisor(s) appointed. for the said purpose, as may be deemed appropriate, fit and proper by the Board, subject to necessary provisions & approvals.
Hiran Orgochem Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on January 30, 2007, inter alia, have unanimously passed the following resolutions:
1. Consent to the Board of Directors for commencement of and undertaking any or all the activities specified in the sub-clause Nos. 69 and 70 of Clause III (C) of the Memorandum of Association of the Company.
2. Increase in Authorised Share Capital from Rs 11,00,00,000/- to Rs 15,00,00,000/- divided into 1,50,00,000 Equity Shares of Rs 10/- each by creation of an additional 40,00,000 Equity Shares of Rs 10/- each and Alteration of Memorandum of Association of the Company consequent upon the increase in the Authorised Share Capital.
3. Alteration of the Articles of Association consequent upon increase in the Authorised Share Capital.
4. Consent to the Board of Directors to offer, issue and allot 10,00,000 Equity Shares of Rs 10/- each for cash at a premium of Rs 120/- per share and 20,00,000 Optionally Fully Convertible Warrants (OFCWs) (Warrants), each Warrant convertible at the sole option of the holder thereof, anytime on or after April 01, 2007 but before expiry of 18 months from the date of allotment thereof, into 1 fully paid up equity share of the Company of face value of Rs 10/- at an exercise price (including premium) of Rs 130/- per warrant on Preferential Allotment basis to certain persons / entities including the promoters of the Company, whether such allottes are shareholders of the Company or not.
(As Per BSE Announcement Website Dated on 30/01/2007)
Hiran Orgochem Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on February 13, 2007, interalia, to consider the issue and allotment of 10,00,000 Equity Shares and 20,00,000 Optionally Fully Convertible Warrants (OFCWs) (Warrants) on preferential basis to promoters and others in accordance with the Special Resolution passed by the members of the Company u/s 81(1A) of the Companies Act, 1956 at the Extra-Ordinary General Meeting held on January 30, 2007.
(As Per BSE Announcement Website Dated on 09/02/2007)
Extra Ordinary General Meeting held on January 30, 2007.
1. 9,10,000 Equity Shares of Rs 10/- each for cash at a premium of Rs 120/- per share.
2. 16,75,000 Optionally Fully Convertible Warrants (OFCWs) (Warrants), each Warrant convertible at the sole option of the holders thereof, any time on or after April 01, 2007 but before expiry of 18 months from the date of allotment thereof, into 1 fully paid up equity share of the Company of face value of Rs 10/- at an exercise price (including premium) of Rs 130/- per warrant.
(As Per BSE Announcement Website Dated on 13/02/2007) |
| 09-Sep-05 |
| EGM 09/09/2005
To consider:
1. Increase in Authorised Share Capital of the Company from Rs 7,00,00,000/- divided into
70,00,000 Equity Shares of Rs 10/- each to Rs 11,00,00,000/- divided into 1,10,00,000 Equity
Shares of Rs 10/- each by creation of an additional 40,00,000 Equity Shares of Rs 10/- each
and consequential amendment in Memorandum & Articles of Association of the Company.
2. Authority to the Board for offering, issuing and allotting on a preferential basis upto:
a. 15,00,000 Equity Shares of Rs 10/- each for cash at a premium of Rs 120/- per share (the
pricing which is determined in accordance with the SEBI Guidelines as applicable) aggregating Rs 19,50,00,000/- in one or more tranches, at such time or times, in such manner, form and numbers as may be prescribed while granting permission(s), sanction(s) and approval(s) by the aforesaid authorities and/or which the Board may at its absolute discretion consider proper, desirable and expedient by way of Preferential allotment(s) to persons / entities including the promoters of the Company, whether such allottees are shareholders of the Company or not; and
b. 23,00,000 Optionally Fully Convertible Warrants (OFCWs) ("Warrants") to persons / entities including the promoters of the Company, whether such allottees are shareholders of the Company or not, each Warrant convertible at the sole option of the holder thereof, any time on or after April 01, 2006 but before expiry of 18 months from the date of allotment thereof, into 1 fully paid up equity share of the Company of face value of Rs 10/- at an exercise price (including premium) of Rs 130/- per warrant (the pricing which is determined in accordance with the SEBI Guidelines as applicable) aggregating Rs 29,90,00,000/-, and the issue of fresh equity shares on the conversion of the Warrants, on such further terms and conditions of the Warrants as may be finalized by the Board of Directors.
The company has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on September 09, 2005, inter alia, have unanimously passed the following the resolutions :
1. Increase in Authorised Share Capital from Rs 7,00,00,000/- to Rs 11,00,00,000/- divided into 1,10,00,000 Equity Shares of Rs 10/- each by creation of an additional 40,00,000 Equity Shares of Rs 10/- each and Alteration of Memorandum and
Articles of Association of the Company consequent upon the increase in the Authorised Share Capital.
2. Consent to the Board of Directors to offer, issue and allot 15,00,000 Equity Shares of Rs 10/- each for cash at par at a premium of Rs 120/- per share and 23,00,000 Optionally Fully Convertible Warrants (OFCWs) (Warrants), each Warrant
convertible at the sole option of the holder thereof, anytime on or after April 01, 2006 but before expiry of 18 monthsfrom the date of allotment thereof, into 1 fully paid up equity share of the Company of face value of Rs 10/- at an exercise price (including premium) of Rs 130/- per warrant on Preferential Allotment basis to certain persons / entities including the promoters of the Company, whether such allottes are shareholders of the Company or not.
(As per BSE Bulletin dated on 12/09/2005) |
| 14-Mar-05 |
| EGM 14/03/2005
To cosider:
1.To issue of further Equity Share Capital not exceeding 10,00,000 Equity Shares of Rs 10/- each for cash at premium of Rs 40/- per share to persons/entities other than the promoters of the Company on preferential allotment basis.
2. Authority to the Board to increase the borrowing power in terms of Section 293(1)(d) and
any other applicable provisions of the Companies Act, 1956, such that the amounts so borrowed and outstanding at any time shall notexceed the limit of Rs 75,00,00,000/-.
The company has informed that the members at the Extra Ordinary General Meeting of the Company held on March 14, 2005, inter alia, have approved the following:
1. Authority to the Board of Directors to offer, issue and allot 10,00,000 Equity Shares of Rs 10/- each for cash at par at premium of Rs 40/- per share on Preferential Allotment basis to certain persons / entities other than the promoters
of the Company.
2. Authority to Board of Directors of the Company under Section 293(1)(d) of the Companies Act, 1956 to borrow in excess of the aggregate of the paid up capital of the Company and its free Reserves - upto a limit of Rs 750 million at any time.
(As per BSE bulletin dated on 14/03/2005)
The Board has allotted 9,85,000 Equity Shares of Rs 10/- each for cash at a premium of Rs 40/- per share on preferential issue basis in accordance with the resolution passed by the members at the Extra Ordinary General Meeting held on March 14,
2005.
(As per BSE Bulletin dated on 28/03/2005) |
| 11-May-04 |
| EGM 11/05/2004
To consider offer, issue & allotment 10,00,000 equity shares of Rs. 10/- each for at a premium
of Rs. 15/- per share in one or more tranches at such time or times, in such manner, form and
numbers as may be prescribed while granting approvals by the aforesaid authorities and/or
which the board may at its absolute discretion consider proper, desirable and expedient by
way of Preferential allotment to persons/entities other than promoters of the company.
The company has informed that at the EGM held on 11/05/2004, the members of the company have approved the allotment of 10,00,000 equity shares of of Rs.10/- each for cash at a premium ofRs.15/- per share on preferential allotment basis.
(As per BSE bulletin dated on 11/05/2004) |