| Keerthi Industries Ltd has informed BSE that pursuant to an order made on September 30, 2008, the Hon'ble High Court of Judicature, Andhra Pradesh at Hyderabad has directed that, a meeting of the equity shareholders of the Company will be held on November 08, 2008, for the purpose of considering, and if thought fit, approving with or without modification(s), the proposed scheme of arrangement between M/s. Keerthi Industries Ltd and M/s. Hyderabad Flextech Ltd and their respective shareholders. |
| Keerthi Industries Ltd has informed BSE that the Board has decided to conduct an Extra-Ordinary General Meeting on June 13, 2008 to ratify the issue of 20,00,000 Equity Shares issued to Promoters and their Associates on Preferential allotment basis.
Keerthi Industries Ltd has informed BSE that with reference to the Securities Appellate Tribunal Order dated May 01, 2008 the Company have conducted Extra Ordinary General Meeting (EGM) of the Company on June 13, 2008 and shareholders ratified the allotment, by the Board of Directors of the Company (the Board"), on a preferential basis, pursuant to the Special Resolution passed at the Extraordinary General Meeting of the Company held August 25, 2002, of 20,00,000 (Twenty lacs) equity shares of Rs 10/- each, ("the said shares") for cash at par, to the following persons / entities, who are promoters of the Company and their associates viz :
1. Name of Allottee : Triveni Capital Leasing
- No of shares allotted : 11,40,000
2. Name of Allottee : Kundula Venkata Bhupati
- No of shares allotted : 40,000
3. Name of Allottee : Simhadri Satyanarayana
- No of shares allotted : 50,000
4. Name of Allottee : Kundula Venkateswara Rao
- No of shares allotted : 35,000
5. Name of Allottee : Koduru Narayana Rao
- No of shares allotted : 50,000
6. Name of Allottee : Moqallapu Lakshminarayana
- No of shares allotted : 50,000
7. Name of Allottee : Moqallapu Venkat Ratnam
- No of shares allotted : 40,000
8. Name of Allottee : Kakarla Parthasarathy
- No of shares allotted : 30,000
9. Name of Allottee : Garapati Rayudu
- No of shares allotted : 30,000
10. Name of Allottee : Simhadri Ramakrishna Rao
- No of shares allotted : 50,000
11. Name of Allottee : Karuturi Srinivas
- No of shares allotted : 40,000
12. Name of Allottee : Garapati Venkateshwara Ra
- No of shares allotted : 20,000
13. Name of Allottee : Garapati Venkata Prasad
- No of shares allotted : 50,000
14. Name of Allottee : Garapati Venkata Narayana
- No of shares allotted : 60,000
15. Name of Allottee : Balusu Satyanarayana
- No of shares allotted : 60,000
16. Name of Allottee : Anaparthi Jalamaiah
- No of shares allotted : 50,000
17. Name of Allottee : Simhadri Veeraju
- No of shares allotted : 30,000
18. Name of Allottee : Anaparthy Narayana Murthy
- No of shares allotted : 50,000
19. Name of Allottee : Maddukuri Narayana Raja R
- No of shares allotted : 50,000
20. Name of Allottee : Tatina Sitaramaiah
- No of shares allotted : 40,000
21. Name of Allottee : G Rama Rao
- No of shares allotted : 35,000
(As Per BSE Announcement Website Dated on 27/06/2008) |