| 02-May-12 |
| Board considered, approved and recommended, inter alia, the following for approval of its shareholders:
1. The proposal to issue and allot 29,411,764 equity shares of Re. 1 each at an issue price of Rs. 170 per equity share aggregating to an issue size of upto Rs. 500 Crore on preferential basis to the following investors, in accordance with Chapter VII of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 subject to such regulatory/statutory approvals as may be required.
- Name of the Investor : Indivest Pte. Ltd.
No. of Equity Shares proposed to be issued : 22,058,823
Proposed issue Size : Rs. 375 Crore
- Name of the Investor : Baring India Private Equity Fund III Listed Investments Limited
No. of Equity Shares proposed to be issued : 7,352,941
Proposed issue Size : Rs. 125 Crore
Indivest Pte Ltd ('Indivest'), a Foreign Venture Capital Investor (FVCI) entity registered with the Securities Exchange Board of India, is an affiliate of Government of Singapore Investment Corporation Pte Ltd (GIC). GIC is a global investment management company established in 1981 to manage Singapore's foreign reserves.
Baring India Private Equity Fund 111 Listed Investments Limited, a Foreign Institutional Investor (Fll) entity registered with the Securities Exchange Board of India, is a company incorporated and existing under the laws of Mauritius. Baring India funds are focused on key verticals of IT/ IT Enabled Services, Life Sciences, Banking Financial Services and Insurance, Energy, Real Estate and Consumer goods. Baring India advised Funds provide long-term growth capital with average holding period of over 6 years and currently have more than US$ 1.0 billion of assets under management.
Kotak Mahindra Capital Company Limited and Citigroup Global Markets India Private Limited are the advisors to the Company for the transaction.
2. Alteration of the Authorised Share Capital of the Company by cancelling 5,00,00,000 (Five Crore) unissued Preference Shares of Rs. 10 each aggregating to Rs. 50,00,00,000 (Rupees Fifty Crore Only) and creating new 50,00,00,000 (Fifty Crore) Equity Shares of Re. 1 each aggregating to Rs. 50,00,00,000 (Rupees Fifty Crore Only).
3. Convening an Extra-Ordinary General Meeting of the Company on Wednesday, May 02, 2012 to seek the Shareholders' approval for the above mentioned purposes.
Marico Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company will be held on May 02, 2012, inter alia, to transact the following:
1. Alternation of Authorised Share Capital of the Company.
2. Preferential Allotment of Equity Shares.
3. Alternation of Articles of Association of the Company.
(As Per BSE Announcement Dated on 09.04.2012)
Marico Ltd has informed BSE the Extra Ordinary General Meeting (EGM) of the Company was held on May 02, 2012.
(As Per BSE Announcement Dated on 02.05.2012)
Marico Ltd has informed BSE that in terms of the shareholders approval vide special resolution passed at their Extra-Ordinary General Meeting held on May 02, 2012, the Securities Issue Committee of the Board of Directors of the Company has vide its resolution passed on May 16, 2012 allotted 29,411,764 equity shares of Re. 1 each at a premium of Rs. 169 per share on preferential basis to lndivest Pte. Ltd., an affiliate of Government of Singapore Investment Corporation (GIC) and Baring India Private Equity Fund III Listed Investments Limited.
Consequent to the above allotment, the paid-up share capital of the Company has increased from 61,50,70,087 equity shares of Re. 1 each aggregating to Rs. 61,50,70,087 to 64,44,81,851 equity shares of Re. 1 each aggregating Rs. 64,44,81,851.
(AsPer BSE Announcement Website Dated on 16/05/2012)
Marico Ltd has submitted to BSE a copy of the Extra Ordinary General Meeting (EGM) of the Company was held on May 02, 2012.
(Aser BSE Announcement Website Dated on 23/05/2012) |
| 08-Feb-07 |
| Marico Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on February 08, 2007, inter alia, to transact the following:
1. To Sub-divide 6,09,00,000 equity shares of nominal value of Rs 10 each fully paid up forming part of the subscribed and paid-up capital of the Company into 60,90,00,000 Equity shares of nominal value of Re 1 each credited as fully paid up and accordingly suitably re-number the equity shares resulting from the sub-division and consequential amendments in the Memorandum & Articles of Association of the Company, subject to necessary provisions and approvals.
2. To utilize the aggregate of the following namely, an amount not exceeding Rs 148.48 Crore out of the balance standing in the Securities Premium Account and an amount not exceeding Rs 180 Crore out of the balance standing in the Capital Redemption Reserve Account ("Special Reserves") of the Company for adjustment against it of the balance in the following asset accounts namely Trademarks and copyrights, business and commercial rights and other intangibles ("Intangible Assets"), after making due adjustment for deferred tax, subject to necessary provisions and approvals.
Marico Ltd has informed BSE that the shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on February 08, 2007, have approved the sub-division of the equity shares from a face value of Rs 10/- each to a face value of Re 1/- each.
(As Per BSE Announcement Website Dated on 08/02/2007)
Marico Ltd has informed BSE that the members at the Extraordinary General Meeting (EGM) of the Company held on February 08, 2007, inter alia, have accorded the following:
1. Sub-division of 6,09,00,000 equity shares of nominal value of Rs 10 each fully paid up forming part of the subscribed and paid-up capital of the Company into 60,90,00,000 Equity shares of nominal value of Re 1 each credited as fully paid up and accordingly suitably re-number the equity shares resulting from the sub-division and consequential amendments in the Memorandum & Articles of Association of the Company, subject to necessary provisions and approvals.
2. Authority to the Board to utilize the aggregate of the following namely an amount not exceeding Rs 148.48 Crore out of the balance standing in the Securities Premium Account and an amount not exceeding Rs 180 Crore out of the balance standing in the Capital Redemption Reserve Account ("Special Reserves") of the Company for adjustment against it of the balance in the following asset accounts namely Trademarks and copyrights, business and commercial rights and other intangibles ("Intangible Assets"), after making due adjustment for deferred tax, subject to necessary provisions and approvals.
(As Per BSE Announcement Website Dated on 27/02/2007) |
| 24-Nov-06 |
| Marico Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on November 24, 2006, inter alia, to transact the following:
1. To offer, issue and allot, on such occasion or occasions, in one or more tranches, as may be determined by, the Board, to Qualified Institutional Buyers (as defined under Clause 2.2.2B(v) of Chapter XIII A of SEBI (DIP), equity shares or any such instrument(s) or security(ies) (other than warrants) convertible into equity shares on such date as may be determined by the Board but not later than 60 months from the date of allotment (Securities) to be subscribed on the basis of placement documents for an amount, which shall not in aggregate exceed Rs 500 Crore at any one point in time (QIB Issue), subject to necessary provisions & approvals.
2. To create, offer, issue and allot, from time to time, Option Securities, i.e., any or all the following:
a. equity shares of the Company
b. warrants (whether attached to an security or not) with an option exercisable by the warrant-holder to subscribe for equity shares or for any equity linked securities or
c. bonds, debentures, preference shares or any other security convertible into equity shares ("Option Securities")
to or for the benefit of the Option Grantees, meaning person(s) as are in the permanent employment of the Company or the whole-time Directors of the Company, who are eligible and considered by the Board (including Compensation Committee) for being granted stock options under one or more Employee Stock Option Schemes of the Company, such creation, offer, issue or allotment, being hereinafter referred to a "Option Securities Issue or Issue", subject to necessary provisions & approvals.
3. To create, offer, issue and allot, from time to time, Option Securities, i.e., any or all the following:
a. equity shares of the Company
b. warrants (whether attached to an security or not) with an option exercisable by the warrant-holder to subscribe for equity shares or for any equity linked securities or
c. bonds, debentures, preference shares or any other security convertible into equity shares ("Option Securities")
to or for the benefit of the Options Grantees, meaning any or all of the following viz, person(s) as are in the permanent employment of any Company as may be a subsidiary of the Company at the relevant time or the Directors (including the whole-time Directors) of such a subsidiary Company at the relevant time, who are eligible and considered by the Board (including Compensation Committee) for being granted stock options under one or more Employee Sock Option Schemes of the Company, such creation, offer, issue or allotment, being hereinafter referred to as "Option Securities Issue or Issue", subject to necessary provisions & approvals.
4. Investments by Foreign Institutional Investors, either directly or through their sub-accounts (the FIIs) in shares in the Company or any other security/es that is/ are convertible into shares in the Company (Securities), by purchase or acquisition of such Securities from the stock market under the Portfolio Investment Scheme under FEMA, subject to the condition that the total holding of all FIIs put together shall not exceed 35 per cent of the paid up equity share capital or paid up value of the respective series of the respective convertible security of the Company, subject to necessary provisions & approvals.
Marico Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on November 24, 2006, inter alia, have accorded to the following:
1. Authority to the Board to offer, issue and allot, on such occasion or occasions, in one or more tranches, as may be determined by, the Board, to Qualified Institutional Buyers (QIBs) as defined under Clause 2.2.2B(v) of Chapter XIII A of SEBI (DIP), equity shares or any such instrument(s) or security(ies) (other than warrants) convertible into equity shares on such date as may be determined by the Board but not later than 60 months from the date of allotment (Securities) to be subscribed on the basis of placement documents for an amount, which shall not in aggregate exceed Rs 500 Crore at any one point in time (QIB Issue), subject to necessary provisions & approvals.
2. Authority to the Board to create, offer, issue and allot, from time to time, Option Securities, i.e., any or all the following:
a. equity shares of the Company
b. warrants (whether attached to an security or not) with an option exercisable by the warrant-holder to subscribe for equity shares or for any equity linked securities or
c. bonds, debentures, preference shares or any other security convertible into equity shares ("Option Securities")
to or for the benefit of the Option Grantees, meaning person(s) as are in the permanent employment of the Company or the whole-time Directors of the Company, who are eligible and considered by the Board (including Compensation Committee) for being granted stock options under one or more Employee Stock Option Schemes of the Company, such creation, offer, issue or allotment, being hereinafter referred to a "Option Securities Issue or Issue", subject to necessary provisions & approvals.
3. To create, offer, issue and allot, from time to time, Option Securities, i.e., any or all the following:
a. equity shares of the Company
b. warrants (whether attached to an security or not) with an option exercisable by the warrant-holder to subscribe for equity shares or for any equity linked securities or
c. bonds, debentures, preference shares or any other security convertible into equity shares ("Option Securities")
to or for the benefit of the Options Grantees, meaning any or all of the following viz, person(s) as are in the permanent employment of any Company as may be a subsidiary of the Company at the relevant time or the Directors (including the whole-time Directors) of such a subsidiary Company at the relevant time, who are eligible and considered by the Board (including Compensation Committee) for being granted stock options under one or more Employee Sock Option Schemes of the Company, such creation, offer, issue or allotment, being hereinafter referred to as "Option Securities Issue or Issue", subject to necessary provisions & approvals.
4. Investments by Foreign Institutional Investors, either directly or through their sub-accounts (the FIIs) in shares in the Company or any other security/es that is/ are convertible into shares in the Company (Securities), by purchase or acquisition of such Securities from the stock market under the Portfolio Investment Scheme under FEMA, subject to the condition that the total holding of all FIIs put together shall not exceed 35 per cent of the paid up equity share capital or paid up value of the respective series of the respective convertible security of the Company, subject to necessary provisions & approvals.
(As Per BSE Announcement Website Dated On 28/11/2006) |
| 21-Apr-04 |
| Marico Industries Ltd. has informed the Exchange that the Board of Directors of the Company have at their meeting held on March 15, 2004, considered and approved:
(1) Declaration of 3rd interim equity dividend for the F.Y. 2003-04 @ 25% i.e. Rs. 2.50 per equity share of Rs. 10/-.
(2) Early redemption of 2,90,00,000 8% Redeemable Preference Shares [RePS] of Rs. 10/- each. As per terms of issue of RePS, the RePS were to be redeemed at par on or before October 1, 2005. The RePS shall be now redeemed at par and payment made to those RePS holders who holds RePS as on March 23, 2004 being the Record Date. The payment for redemption of RePS will be made on March 29, 2004; and
(3) Issue of Bonus Shares in the ratio of one equity share for every one equity share held, subject to the approval of the members at the Extra-ordinary General Meeting scheduled for April 21, 2004.
EGM 21/04/2004
To approve alteration of Authorised Share Capital of the company and to issue of Bonus Shares.
(As per BSE Bulletin dated on 29/03/2004)
Marico Industries Ltd. has informed the Exchange that an EGM of the Company will be held on April 21, 2004 to transact the following special business; (1) Alteration of capital clause of Memorandum and Articles of Association.
(2) Issue of Bonus Shares.
(As per NSE BUlletindated on 31/03/2004)
The company has informed that at the Extraordinary General Meeting held on 21/04/2004 approved the following:
1. Issue of Bonus shares in the ratio of one equity share for every one equity share held.
2. Alteration of Capital Clause of Memorandum & Articles of Association.
(As per BSE Bulletin dated on 21/04/2004) |
| 02-Jan-04 |
| EGM 02/01/2004
To Approve the arrangement embodied in the Scheme of Amalgamation of Anandita Arnav Trading & Investment Pvt Ltd, Madhav Nandini Trading & Investment Pvt Ltd , Rajvi Rishabh Trading & Investment Pvt Ltd and Rishabh Harsh Trading & Investment Pvt Ltd with the Company
Marico Industries Ltd. has informed the Exchange that the equity & 8% redeemable preference
shareholders of the Company at the EGM convened pursuant to the order of the Hon'ble Mumbai High Court dated November 28, 2003 approved, the Scheme of Amalgamation under section 391 read with section 394 of the Companies Act, 1956 in respect of the Amalgamation of Anandita Arnav Trading & Investment Private Ltd., Madhav Nandini Trading & Investment Private Ltd., Rajvi Rishab Trading & Investment Private Ltd. and Rishabh Harsh Trading and Investment Private Limited with Marico Industries Ltd. The Scheme of
Amalgamation is subject to the approval of the Hon'ble Mumbai High Court.
(As per NSE Bulletin dated on 02/01/2004)
The Company has informed that the equity and 8% redeemable preference shareholders of the Company at the EGM approved the Scheme of Amalgamation of Anandita Arnav Trading and Investment Pvt Ltd, Madhav Nandini Trading,Rajvi Rishabh Trading & Investment Pvt Ltd and Rishabh Harsh Trading & Investment Pvt Ltd with the Company.
(As per BSE Bulletin dated on 03/01/2004)
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