| 05-Oct-12 |
| K S Oils Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company will be held on October 05, 2012.
K S Oils Ltd has informed BSE regarding Outcome of Extra Ordinary General Meeting of the Company held on October 05, 2012.
(As per BSE Announcement Dated on 05.10.2012)
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| 12-Sep-11 |
| K S Oils Ltd has informed BSE that the Shareholders of the Company at its meeting held on September 12, 2011 have approved the following matters:-
10 To raise funds by way of issue of GDRs up to US$ 150 Millions.
2. To increase the Authorised Share Capital of the Company from 60,00,00,000 (Sixty Crore) to 90,00,00,000 (Ninety Crore). |
| 17-Jun-09 |
| Board inter alia, has considered & approved the following matter subject to approval of shareholders at the ensuing Extraordinary General Meeting of the Company or any other authority, if any:
1. To issue, offer and allot 8,672,566 warrants each to CVCGP II Client Rosehill Ltd, Mauritius and Baring Private Equity Asia III Mauritius Holding (3) Ltd, each such warrant convertible into one equity shares of Rs 1/- at a premium of Rs 55.50 each of the Company, aggregating to an amount not exceeding Rs 98 crores, pursuant to provisions of Section 81 (1A) and other applicable provisions if any of the Companies Act, 1956, SEBI (DIP) Guidelines 2000, and subject to all necessary approvals, consents, permissions and / or sanctions as may be necessary.
2. To issue, offer and allot 28,807,339 warrants to the Promoters, each such warrant convertible into one equity shares of Rs 1/- each at a premium of Rs 53.50 each of the Company, aggregating to an amount not exceeding Rs 157 crores, pursuant to provisions of Section 81 (1A) and other applicable provisions if any of the Companies Act, 1956, SEBI
(DIP) Guidelines 2000, and subject to all necessary approvals, consents, permissions and / or sanctions as may be necessary.
3. To issue, offer and allot 27,921,406 Equity Shares of Rs 1/- each at a premium of
Rs 47.35 each of the Company, aggregating to an amount not exceeding Rs 135 crores to NSR Direct PE Mauritius, LLC pursuant to provisions of Section 81 (1A) and other applicable provisions if any of the Companies Act, 1956, SEBI (DIP) Guidelines 2000, and subject to all necessary approvals, consents, permissions and / or sanctions as may be necessary.
4. To create, offer, issue and allot in one or more tranches, in the course of domestic / international offerings to domestic / foreign investors / institutional investors / foreign institutional investors, members, employees, Non-Resident Indians, Companies or bodies corporate, trusts, mutual funds (whether incorporated in India or abroad), banks, financial institutions, insurance Companies, pension funds, individuals or otherwise, whether shareholders of the Company or not, through a public issue, rights issue, preferential issue and / or private placement, and / or equity shares and / or equity shares through Global Depository Receipts ("GDRs") and / or American Depository Receipts ("ADRs") or any securities convertible into equity shares in the international markets upto US$ 15 Million (equivalent to Rs 75 crores approximately) or equivalent thereof, subject to necessary permissions, sanctions, approvals and applicable provisions of law. The issue price will be determined as per the SEBI guidelines. The GDR issue is proposed to be opened on or around July 13, 2009.
5. To convene the Extraordinary General Meeting (EGM) of the Company on June 17, 2009 for obtaining shareholders approval on the aforesaid matters.
KS Oils Ltd has informed BSE the members at the Extra Ordinary General Meeting (EGM) of the Company held on June 17, 2009, inter alia, has considered and approved the following resolutions:
1. To issue, otter and allot 27,921,406 Equity Shares of Re 1/- each at a premium of
Rs 47.43 each of the Company (at a price of Rs 48.43 per Equity Share), aggregating to an amount not exceeding Rs 136 crores to NSR Direct PE Mauritius, LLC pursuant to provisions of Section 81 (1A) and other applicable provisions if any of the Companies Act, 1956, SEBI (DIP) Guidelines 2000, and subject to all necessary approvals, consents, permissions and / or sanctions as may be necessary.
Note: As o Notice dated May 18, 2009 to Shareholders, the issue price was set at Rs 48.35 (for Equity Share having face value of Re 1), which price was arrived on the basis of the BSE Average Price calculated in accordance with the provisions of the SEBI DIP Guidelines. However, since the NSE Average Price (based on trading volume) works out to Rs 48.43 (for Equity Share having face value of Re 1), the Shareholders have approved the resolution with suitable modification to issue Equity Share at Rs 48.43, being the NSE Average Price (based on trading volume).
2. To issue, offer and allot 55,59,115 warrants to CVCIGP II Client Rosehill Ltd and 31,13,451 warrants to CVCIGP II Employee Rosehill Ltd, Mauritius, each such warrant convertible into one equity shares of Rs 1/- at a premium of Rs 55.50 each of the Company, aggregating to an amount not exceeding Rs 49 crores, pursuant to provisions of Section 81 (1A) and other applicable provisions if any of the Companies Act, 1956, SEBI ( DIP) Guidelines 2000, and subject to all necessary approvals, consents, permissions and / or sanctions as may be necessary.
3. To issue, offer and allot 8,672,566 warrants each Baring Private Equity Asia III Mauritius Holding (3) Ltd, each such warrant convertible into one equity shares of Rs 1/- at a premium of Rs 55.50 each of the Company, aggregating to an amount not exceeding Rs 49 crores, pursuant to provisions of Section 81 (1A) and other applicable provisions if any of the Companies Act, 1956, SEBI ( DIP) Guidelines 2000, and subject to all necessary approvals,, consents, permissions and / or sanctions as may be necessary.
4. To issue, offer and allot 28,807,339 warrants to the Promoters, each such warrant convertible into one equity shares of Rs 1/- each at a premium of Rs 53.50 each of the Company, aggregating to an amount not exceeding Rs 157 crores, pursuant to provisions of Section 81 (1A) and other applicable provisions if any of the Companies Act, 1956, SEBI (DIP) Guidelines 2000, and subject to all necessary approvals, consents, permissions and / or sanctions as may be necessary.
5. To create, offer, issue and allot in one or more tranches, in the course of domestic / international offerings to domestic / foreign investors / institutional investors / foreign institutional investors, members, employees, Non-Resident Indians, companies or bodies corporate, trusts, mutual funds (whether incorporated in India or abroad), banks, financial institutions, insurance companies, pension funds, individuals or otherwise, whether shareholders of the Company or not, through a public issue, rights issue, preferential issue and / or private placement, and / or equity shares and / or equity shares through Global Depository Receipts ("GDRs") and / or American Depository Receipts ("ADRs") or any securities convertible into equity shares in the international markets upto US$ 15 Million (equivalent to Rs 75 crores approximately) or equivalent thereof, subject to necessary permissions, sanctions, approvals and applicable provisions of law. The issue price will be determined as per the SEBI guidelines. The GDR issue is proposed to he opened on or around July 13, 2009.
(As Per BSE Announcement Website dated on 18.06.2009) |
| 20-Oct-07 |
| EGM to be held on October 20, 2007 to consider following matters:
a. Amendment in Articles of Association
b. Approval of ESOP Scheme.
c. Appointment of Mr. Jimmy Mahtani as Director of the Company.
KS Oils Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on October 20, 2007, inter alia, to transact the following business:
1. To alter the Articles of Association of the Company.
2. To create, offer, issue and allot at any time to or for the benefit of such employees and or directors of the Company as may be eligible under the Regulations and as may be decided solely by the Board under a scheme titled "Employee Stock Option Scheme" ("the ESOS" or "the Scheme"), such number of equity linked options ("the Options") which grant to such employees and or directors, the benefit or right to purchase or subscribe to securities offered by the Company at a future date, the exercise of which could give rise to the issue of equity shares not exceeding 5% of the issued equity share Capital of the Company as on the date of such grant at such price, in such manner, during such period in one or more tranches and on such terms and conditions as the Board may decide in accordance with the Regulations or other provisions of the law as may be prevailing at the relevant rime, subject to necessary provisions & approvals.
3. To appoint Mr. Jimmy Lachmandas Mahtani, as a Director of the Company not liable to retire by rotation.
(As Per BSE Announcement Website Dated on 12/10/2007)
KS Oils Ltd has informed BSE that the shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on October 20, 2007, inter alia, have approved the following matters with overwhelming majority:
1. Amendment in Articles of Association of the Company.
2. ESOP Scheme for its Employees / Directors.
3. Appointment of Mr. Jimmy Mahtani as Director of the Company.
(As Per BSE Announcement Website Dated on 20/10/2007) |
| 08-Aug-07 |
| Pursuant to the provisions of section 81(1A) of the Companies Act, 1956 and subject to pricing, payment and conversion terms as per SEBI (Disclosure and Investor Protection) Guidelines, 2000 considered and approved the issue of:
1.1. 21,47,971 Equity Shares of Rs 10/- at a premium of Rs 409/- each of the Company, aggregating to an amount not exceeding Rs 89,99,99,849 to Baring Private Equity Asia III Mauritius Holdings (3) Ltd.
1.2. 10,265 Equity Shares of Rs 10/- at a premium of Rs 409/- each of the Company, aggregating to an amount not exceeding Rs 43,01,035 to Keshav Bhujle and Gautam Nayak in their capacity as trustees of the following trusts;
1.2.1. CVCIGP II P R Srinivasan Trust
1.2.2. CVCIGP II Vinayak Shenvi Trust
1.2.3. CVCIGP II Ajay Relan Trust
1.2.4. CVCIGP II Vivek Chhachhi Trust
1.2.5. CVCIGP II Jayanta Kumar Basu Trust
1.2.6. CVCIGP II Ajay Tandon Trust
(all the above i.e. 1.1 and 1.2 collectively referred to as the "Investors").
B. To create, offer, issue and allot in one or more tranches, in the course of domestic / international offerings to (i) CVCIGP II Client Rosehill Ltd and (ii) CVCIGP II Employee Rosehill Ltd, by itself and or with or through their affiliates or permitted transferees ("the GDR Investors"), through a Public Issue, Rights Issue, Preferential Issue and / or Private Placement, with or without an over-allotment option, equity shares and / or equity shares through Global Depository Receipts ("GDRs") and / or American Depository Receipts ("ADRs" and / or any securities convertible into equity shares in the international markets upto US$ 25 million or equivalent thereof, subject to necessary permissions, sanctions, approvals and applicable provisions of law.
C. To issue, offer and allot 23,86,635 warrants to the Promoters, each such warrant convertible into one equity shares of Rs 10/- each of the Company at premium of Rs 409/- per share, pursuant to the provisions of section 81 (1A) and other applicable provisions if any of the Companies Act, 1956, SEBI (DIP) Guidelines 2000, and subject to all necessary approvals, consents, permissions and / or sanctions as may be necessary.
D. To create, offer, issue and allot in one or more tranches, in the course of Domestic / International offerings to Domestic / Foreign Investors / 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, through a Public Issue, Rights Issue, Preferential Issue and / or Private Placement, with or without an over-allotment option Foreign Currency Convertible Bonds ("FCCBs") and / or any securities convertible into equity shares for an amount not exceeding US$ 35 million.
E. To Increase in the overall Investment Limit of Foreign Institutional Investors (FIIs) including their sub-accounts in the paid up equity share capital of the Company from 49% to 74%, of the paid up share capital of the Company, in aggregate, in the shares or other convertible securities of the Company either by direct investment, purchase, or through private placement / acquisition from the market under the Portfolio Investment Scheme, on
repatriation basis or otherwise.
F. To convene the Extraordinary General Meeting (EGM) of the Company on August 08, 2007 for obtaining shareholders approval on the aforesaid matters.
KS Oils Ltd has informed BSE that an Extraordinary General Meeting (EGM) of the Members of the Company will be held on August 08, 2007, inter alia, to transact the following businesses:
1. To issue, offer and allot upto 21,58,236 equity shares of Rs 10 each ("Equity Shares") (as may be adjusted for sub-division (split) of equity shares), fully paid up by way of preferential allotment at a premium of Rs 409 per Equity Share aggregating to Rs 90,43,00,884 to :
A. Baring Private Equity Asia III Mauritius Holdings (3) Ltd:
upto 21,47,971 Equity Shares (the "Investor No 1");
B. Keshav Bhujle and Gautam Nayak: upto 10,265 Equity Shares (in their capacities as trustees of the following trust:
(i) CVCIGP II P R Srinivasan Trust : upto 478 Equity Shares;
(ii) CVCIGP II Vinayak Shenvi Trust : upto 478 Equity Shares;
(iii) CVCIGP II Ajay Relan Trust: upto 7,160 Equity Shares;
(iv) CVCIGP II Vivek Chhachhi Trust: upto 478 Equity Shares;
(v) CVCIGP II Jayanta Kumar Basu Trust; upto 478 Equity Shares;
(vi) CVCIGP II Ajay Tandon Trust - upto 1193 Equity Shares
(referred to as the "Investors No 2") (Investor No 1 and Investor No 2 collectively referred to as the "Investors").
2. To issue, offer and allot upto 23,86,635 warrants ("Promoter Warrants") (as may be adjusted for sub-division (split) of equity shares on exercise of such Promoter Warrants) to Promoters, on preferential allotment basis, on such terms and conditions and in such manner as the Board may think fit, each Promoter Warrant entitling the holder thereof to apply for and be allotted one (l) equity share of Rs 10 per Promoter Warrant, which conversion must be made within a period not exceeding eighteen (18) months from the date of allotment of the Promoter Warrants, in one or more tranches, in accordance with SEBI (DIP) Guidelines and other relevant guidelines as may be applicable, such that the equity shares to be issued on exercise of Promoter Warrants so issued or allotted, give rise in aggregate upto 23,86,635 equity shares of Rs 10/- each fully paid up at a premium of Rs 409 per equity share aggregating to Rs 100,00,00,065 of which a sum of upto 50% per Promoter Warrants would be payable at the time of allotment of the Promoter Warrant aggregating to upto Rs 50,00,00,032.50 and an additional sum of 50% per Promoter Warrant aggregating to Rs 50,00,00,032.50 would be payable at the time of exercise of the Promoter Warrant and such equity shares to be allotted to the holders of the Promoter Warrants on exercise shall rank pari passu in all respects including entitlement for dividend with the then existing equity shares of the Company, subject to necessary provisions & approvals.
3. For increase in the overall investment limit of Foreign Institutional Investors including their sub-accounts ("FIIs") in the paid up capital of the Company from 49% to upto 74% of the paid up share capital of the Company in aggregate, in the shares or other convertible securities of the Company either by direct investment, purchase, or through private placement / acquisition from the market under the Portfolio Investment Scheme, on repatriation basis or otherwise, subject to necessary provisions & approvals.
4. To create, offer, issue and allot in one or more tranches, in the course of domestic / international offerings to (i) CVCIGP II Client Rosehill Ltd and (ii) CVCIGP II Employee Rosehill Ltd, by itself and or with or through their affiliates or permitted transferees (the "GDR Investors") through a Public Issue, Rights Issue, Preferential Issue and Private Placement, with or without an over-allotment option, equity shares and/or equity shares through Global Depository Receipts ("GDRs") and/or American Depository Receipts ("ADRs") 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 or convertible securities or securities linked to equity shares or securities with equity shares or any securities other than warrants, which are convertible or exchangeable with equity shares at a later date or a combination of the foregoing ("GDRs"), 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 listing particulars, as the Board in its sole discretion may at any time or times hereafter decide, for an amount not exceeding an aggregate of US$ 25 million inclusive of such premium on such terms and conditions as the Board may determine from time to time, subject to necessary provisions & approvals.
5. To create, offer, issue and allot in one or more tranches, in the course of domestic/international offerings to Domestic/Foreign Investors/ 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, through a Public Issue, Rights Issue, Preferential Issue and/or Private Placement, with or without an over-allotment option Foreign Currency Convertible Bonds ("FCCBs") and/or any securities convertible into equity shares or Global Depositary Receipts 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 equity shares or any securities other than warrants, which are convertible or exchangeable with equity shares at a later date, or a combination of the foregoing ("FCCBs"), secured or unsecured, listed on any international stock exchange outside India, through an offer document and/or prospectus and/or offer letter and/or offering circular, and/or listing particulars, as the Board in its sole discretion may at any time or times hereafter decide, for an amount not exceeding US$ 35 million inclusive of such premium and on such other terms and conditions, including redemption and tenure, as may be determined by the Board, subject to necessary provisions & approvals.
(As Per BSE Announcement Website Dated on 19/07/2007)
KS Oils Ltd has informed BSE that the shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on August 08, 2007, inter alia, have approved the following resolutions by way of special resolution:
1. Preferential issue of 21,479,710 equity shares of Rs 1/- each to be issued at a premium of Rs 40.90 to Baring Private Equity Asia III Mauritius Holdings (3) Ltd.
2. Preferential issue of 102,650 equity shares of Rs 1/- each to be issued at a premium of Rs 40.90 to Keshav Bhujle and Gautam Nayak (in their capacities as trustees of the following trust:
(i) CVCIGP II P R Srinivasan Trust: upto 4780 Equity Shares;
(ii) CVCIGP II Vinayak Shenvi Trust: upto 4780 Equity Shares;
(iii) CVCIGP II Ajay Relan Trust: upto 7,1600 Equity Shares;
(iv) CVCIGP II Vivek Chhachhi Trust: upto 4780 Equity Shares;
(v) CVCIGP II Jayanta Kumar Basu Trust: upto 4780 Equity Shares;
(vi) CVCIGP II Ajay Tandon Trust _ upto 11930 Equity Shares
3. Preferential Issue of 23,866,350 warrants to be convertible into equity shares of Rs 1/- each to be issued at a premium of Rs 40.90 to promoters of the Company.
4. Increase of investment limit of Foreign Institutional Investors in the Company from 49% to 74%.
5. Preferential Issue of GDR upto USD 25 million in one or more trenches to
(i) CVCIGP II Client Rosehill Ltd and (ii) CVCIGP II Employee Rosehill Ltd, by itself and or with or through their affiliates or permitted transferees.
6. Issue of FCCB / GDR up to USD 35 million in one or more trenches.
(As Per BSE Announcement Website Dated on 08/08/2007) |