| Board has approved the following:
1. The proposal of further issue of shares in the form of FCCB's/GDR's/ADR's/QIB's/QIP's.
2. The proposal of further issue of shares on Preferential Basis in accordance with relevant SEBI Regulations / Guidelines.
3. The Notice of Extraordinary General meeting, scheduled to be convened on July 07, 2010.
Padmalaya Telefilms Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company will be held on July 07, 2010.
(As Per BSE Announcement Dated on 01.07.2010)
Padmalaya Telefilms Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on July 07, 2010, inter alia, have approved the following resolutions :
1. Offer, issue and allotment of Equity shares and / or securities through qualified institutional placements (QIP), Foreign Currency Convertible Bonds (FCCB), Global Depository Receipts (GDR) and / or American Depository Receipts (ADR) upto Rs. 200 Crs.
2. Offer, issue and allotment of 7,50,000 Equity Shares on preferential basis to M/s. Yamuna Enterprises Pvt. Ltd.
3. Offer, issue and allotment of 7,50,000 Equity Shares on Preferential basis to M/s. S.J. Studio Ltd.
4. Offer, issue and allotment of 5,00,000 Equity Shares on preferential basis to the following allottees:
a. Kiran Kumar Ambati
b. K V Madhavi Babu
c. Thiruveedhi Sunitha
d. Sarvasetti Sandhya
e. A Saritha
f. Karuna Devi Ambati
(As Per BSE Announcement Dated on 07.07.2010) |
| Extra Ordinary General Meeting of the shareholders on 24th April, 2010 to obtain consent/ approval of the members for 'Issue of Equity Shares on preferential basis
inaccordance with relevant SEBI Regulations/ Guidelines'.
Padmalaya Telefilms Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on April 24, 2010, inter alia, to transact the following business:
1. To offer, issue, allot and deliver up to 6,35,000 (Six Lakhs Thirty Five Thousand only) Equity Shares on preferential basis in one or more tranches, of face value of Rs. 10/- each, fully paid up, for cash, which shall rank pari-passu with existing equity shares of our Company, in such form and manner and upon such terms and conditions as the Board may in its absolute discretion deem fit, at a par, which meets Regulation 76 of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 to M/s. Lime Light Projects (India) Pvt. Ltd on preferential basis.
2. To offer, Issue, allot and deliver up to 6,30,000 (Six Lakhs Thirty Thousand Fifty) Equity Shares on preferential basis in one or more tranches, of face value of Rs. 10/- each, fully paid up, for cash, which shall rank pari-passu with existing equity shares of the Company, in such form, and manner and upon such terms and conditions as the Board may in its absolute discretion deem fit, at a par, which meets Regulation 76 of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations. 20O9 to M/s. Tabala Entertainments Pvt. Ltd on preferential basis, subject to necessary provisions & approvals.
3. To offer, issue, allot and deliver up to 6,35,000 (Six Lakhs Thirty Five Thousand Only) Equity Shares on preferential basis in one or more tranches, of face value of Rs. 10/- each, fully paid up, for cash, which shall rank pari-passu with existing equity shares of the Company, in such form and manner and upon such terms and conditions as the Board may in its absolute discretion deem fit, at a par, which meets Regulation 76 of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 to Sri. S. M. Rao on preferential basis, subject to necessary provisions & approvals.
4. To offer, issue, allot and deliver up to 6,00,000 (Six Lakhs only) Equity Shares or preferential basis in one or more tranches, of face value of Rs. 10/- each, fully paid up, for cash, which, shall rank pari-passu with existing equity shares of the Company, in such form and manner and upon such terms and conditions as the Board may in its absolute discretion deem fit at a par which meets Regulation 76 of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations. 2009 to M/s. Permanence Surface Coating Pvt. Ltd on preferential basis, subject to necessary provisions & approvals.
(As Per BSE Announcement Website dated on 22.03.2010)
Padmalaya Telefilms Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on April 24, 2010, inter alia, have approved the issue, offer and allotment of Equity Shares on preferential basis as per the following details:
Name of the Party : Lime Light Project (India) Pvt. Ltd.
No of Equity Shares : 6,35,000
Status : Indian Bodies Corporate
% of post preferential issue held : 4.83
Name of the Party : Tabala Entertainments Pvt. Ltd.
No of Equity Shares : 6,30,000
Status : Indian Bodies Corporate
% of post preferential issue held : 4.58
Name of the Party : S. M. Rao
No of Equity Shares : 6,35,000
Status : Individual
% of post preferential issue held : 4.41
Name of the Party : Permanence Surface Coating Pvt. Ltd.
No of Equity Shares : 6,00,000
Status : Indian Bodies Corporate
% of post preferential issue held : 4.00.
(As Per BSE Announcement Dated on 26/04/2010) |