| Kiri Industries Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company will be held on February 29, 2012, inter alia, to create, offer, issue and allot, including providing for reservation on firm and/ or competitive basis, of such part of issue and for such categories of persons, as may be permitted, in the course of one or more public or private offerings in domestic and/or one or more in international market(s) with or without a green shoe option. Equity Shares, and /or convertible securities other than warrants, and/or Non Convertible Debentures (NCDs) with warrants on Qualified Institutions Placements basis under SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 ('SEBI ICDR Regulations') and/ or Equity Shares through depository receipts, including American Depository Receipts (ADRs) and Global Depository Receipts (GDRs), and or convertible bonds including Foreign Currency Convertible Bonds(FCCBs), and/or other securities convertible into Equity Shares at the option of the Company and/or the holders(s) of such securities, and/or securities linked to Equity shares, including non-convertible debentures with warrants or other Securities with or without warrants, which may either be detachable or linked, and which warrant has a right exercisable by the warrant holder(s) to subscribe for Equity Share and/or warrants with an option exercisable by the warrant-holder(s) to subscribe for Equity Shares and/or any instruments or securities representing either Equity Shares and/or convertible securities linked to Equity Shares ranking pan passu with the existing equity shares of the Company (including the issue and allotment of Equity Shares pursuant to a Green Shoe Option, if any), ('Securities') o eligible investors, including Qualified Institutional Buyer, under applicable laws, regulations, and guidelines (whether residents and/or non-residents and/or institutions, banks, and/or incorporated bodies, mutual funds, venture capital funds and Indian and /or multi-lateral financial institutions and/or individuals and/or trustees and/or stabilizing agents or otherwise, and whether or not such investor are members of the Company), through prospectus and/or placement document and/or letter of offer or offering circular and/or on public and/or private/preferential placement basis, such issue and allotment to be made at such time/times, in one or more trenches, for cash, at such price or prices, in such manner and where necessary, in consultation with the Book Running Lead Manger(s), Merchant Banker(s) and/or other Advisor(s) or otherwise, on such terms and conditions including terms as to appointment of Lead Manger(s), Underwriter(s), Advisor(s), Guarantor(s), Depository(ies), Custodian(s), and/or other agencies, as the Board, if any, in its, absolute discretion, decide at the time of issue of Securities, provided that the total amount raised through the issuance of such Securities shall not exceed Rs. 300 Crores or its equivalent in one or more currencies, including premium, if any, as may be decided by the Board.
Kiri Industries Ltd has informed BSE that the Members/Shareholders of the Company at Extra Ordinary General Meeting (EGM) held on February 29, 2012, have approved the Issue of equity shares and/or convertible securities other than warrants and/or Non Convertible Debentures with warrants through QIP/GDRs/ADRs/FCCBs up to an amount of Rs. 300.00 crores.
(As Per BSE Announcement Website Dated on 02/03/2012) |
| To convene Extra Ordinary General Meeting of the Shareholders of the Company on June 26, 2010.
Kiri Dyes and Chemicals Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the Company will be held on June 26, 2010, inter alia, to transact the following :
1. To create, offer, issue and allot, including providing for reservation on firm and/or competitive basis, of such part of issue and for such categories of persons, as may he permitted, in the course of one or more public or private offerings in domestic and/or one or more international market(s) with or without a green shoe option, Equity Shares and/or convertible securities, other than warrants, on Qualified Institutions Placement basis under SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 ('SEBI ICDR Regulation') and/or Equity Shares through depository receipts, including American Depository Receipts (ADRs) and Global Depository Receipts (GDRs), and/or convertible bonds, including Foreign Currency Convertible Bonds (FCCB5), and/or other securities convertible into Equity Shares at the option of the Company and/or the holder(s) of such securities, and/or securities linked to Equity Shares, including non-convertible debentures with warrants or other securities with or without warrants, which may either be detachable or linked, and which warrant has a right exercisable by the warrant holder to subscribe for Equity Shares and/or warrants with an option exercisable by the warrant-holder to subscribe for Equity Shares and/or any instruments or securities representing either Equity Shares and/or convertible securities linked to Equity Shares (including the issue and allotment of Equity Shares pursuant to a Green Shoe Option, if any), ('Securities') to eligible investors, including Qualified Institutional Buyers, under applicable laws, regulations and guidelines (whether residents and/or non-residents and/or institutions/banks and/or incorporated bodies, mutual funds, venture capital funds and Indian and/or multi-lateral financial institutions and/or individuals and/or trustees and/or stabilizing agents or otherwise, and whether or not such investors are members of the Company), through prospectus and/or placement document and/or letter of offer or circular and/or on public and/or private/preferential placement basis, such issue and allotment to be made at such time/times, in one or more tranches, for cash, at such price or prices, in such manner and where necessary, in consultation with the Book Running Lead Managers, Merchant Bankers and/or other Advisors or otherwise, on such terms and conditions, including terms as to appointment of Lead Managers, Underwriters, Advisors, Guarantors, Depositories, Custodians and/or other agencies, as the Board, may, in its absolute discretion, decide at the time of issue of Securities, provided that the total amount raised through the issuance of such Securities shall not exceed Rs. 500 Crores or its equivalent in one or more currencies, including premium, if any, as may be decided by the Board, subject to necessary provisions and approvals.
2. To appoint Mr. Shanker Patel as Whole Time Director of the Company for a period of three years from May 01, 2010 subject to the powers, duties and functions as may be assigned to the appointee by the Board of Directors of the Company from time to time, on remuneration, terms & conditions.
3. To re-appoint Mr. Pravin Kiri, as Chairman of the Company for a period of three years from April 01, 2010 subject to the powers, duties and functions as may be assigned to the appointee by the Board of Directors of the Company from time to time, on remuneration, terms & conditions.
4. To re-appoint Mr. Manish Kiri, as Managing Director of the Company for a period of three years from April 01, 2010 subject to the powers, duties and functions as may be assigned to the appointee by the Board of Directors of the Company, on remuneration, terms & conditions.
(As Per BSE Announcement Website dated on 02.06.2010)
Kiri Dyes and Chemicals Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on June 26, 2010, inter alia, have accorded the following:
1. Authority to the Board to create, offer, issue and allot, including providing for reservation on firm and/or competitive basis, of such part of issue and for such categories of persons, as may he permitted, in the course of one or more public or private offerings in domestic and/or one or more international market(s) with or without a green shoe option, Equity Shares and/or convertible securities, other than warrants, on Qualified Institutions Placement basis under SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 ('SEBI ICDR Regulation') and/or Equity Shares through depository receipts, including American Depository Receipts (ADRs) and Global Depository Receipts (GDRs), and/or convertible bonds, including Foreign Currency Convertible Bonds (FCCB5), and/or other securities convertible into Equity Shares at the option of the Company and/or the holder(s) of such securities, and/or securities linked to Equity Shares, including non-convertible debentures with warrants or other securities with or without warrants, which may either be detachable or linked, and which warrant has a right exercisable by the warrant holder to subscribe for Equity Shares and/or warrants with an option exercisable by the warrant-holder to subscribe for Equity Shares and/or any instruments or securities representing either Equity Shares and/or convertible securities linked to Equity Shares (including the issue and allotment of Equity Shares pursuant to a Green Shoe Option, if any), ('Securities') to eligible investors, including Qualified Institutional Buyers, under applicable laws, regulations and guidelines (whether residents and/or non-residents and/or institutions/banks and/or incorporated bodies, mutual funds, venture capital funds and Indian and/or multi-lateral financial institutions and/or individuals and/or trustees and/or stabilizing agents or otherwise, and whether or not such investors are members of the Company), through prospectus and/or placement document and/or letter of offer or circular and/or on public and/or private/preferential placement basis, such issue and allotment to be made at such time/times, in one or more tranches, for cash, at such price or prices, in such manner and where necessary, in consultation with the Book Running Lead Managers, Merchant Bankers and/or other Advisors or otherwise, on such terms and conditions, including terms as to appointment of Lead Managers, Underwriters, Advisors, Guarantors, Depositories, Custodians and/or other agencies, as the Board, may, in its absolute discretion, decide at the time of issue of Securities, provided that the total amount raised through the issuance of such Securities shall not exceed Rs. 500 Crores or its equivalent in one or more currencies, including premium, if any, as may be decided by the Board, subject to necessary provisions and approvals.
2. Appointed Mr. Shanker Patel as Whole Time Director of the Company for a period of three years from May 01, 2010 subject to the powers, duties and functions as may be assigned to the appointee by the Board of Directors of the Company from time to time, on remuneration, terms & conditions.
3. Re-appointment of Mr. Pravin Kiri, as Chairman of the Company for a period of three years from April 01, 2010 subject to the powers, duties and functions as may be assigned to the appointee by the Board of Directors of the Company from time to time, on remuneration, terms & conditions.
4. Re-appointment of Mr. Manish Kiri, as Managing Director of the Company for a period of three years from April 01, 2010 subject to the powers, duties and functions as may be assigned to the appointee by the Board of Directors of the Company, on remuneration, terms & conditions.
(As Per BSE Announcement Website dated on 30.06.2010) |