| E.G.M. 15.12.2007
Rajesh Exports Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on December 15, 2007, inter alia, to transact the following business:
1. To increase the Authorized Share Capital of the Company from Rs 10,00,00,000/- (Rupees Ten Crore Only) to Rs 30,00,00,000/- (Rupees Thirty Crore Only) by the creation of 10,00,00,000 (Ten Crore) equity shares of Rs 2/- (Rupees Two only) each & consequential amendment in the Memorandum of Association of the Company.
2. For capitalization of such of the general reserves of the Company as may be considered necessary by the Board for the purpose of issue of bonus shares of Rs 2/- each, credited as fully paid up shares to the holders of the existing equity shares of the Company whose names appear in the Register of Members on such date as may be fixed in this regard, in the proportion of two equity shares for every one existing equity share held by them, subject to necessary provisions & approvals.
3. To split the face value of the Company's equity shares of Rs 2 each into a face value of Re 1/- Share.
(As Per BSE Announcement Website Dated on 29/11/2007)
Rajesh Exports Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on December 15, 2007, have approved the following:
1. To Increase the authorized share capital of the company to Rs 30 Crores.
2. Subdivision of equity shares of Rs 2 each to Re 1 each.
3. Issue of 2 Bonus Shares for every 1 share held by the share holders (200% bonus).
Further the Company has informed that the Board has decided to call a Board meeting for fixing of Record Date for Subdivision of equity shares of Rs. 2 each to Re. 1 each and issue of 2 bonus shares for every 1 share held by the share holders (200% Bonus).
(As per BSE Announcement Website dated on 17/12/2007) |
| Rajesh Exports Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on January 20, 2007, inter alia, to transact the following:
1. To increase the Authorized share capital of the company from Rs 7,50,00,000/- to Rs 10,00,00,000/- by the creation of 1,25,00,000 equity shares of Rs 2/- each and consequential alteration in Memorandum of Association of the Company accordingly.
2. To issue, offer and allot in international offerings any securities including, Global Depository Receipts (GDRs) and/or American Depository Receipts (ADRs) convertible into Equity Shares, Foreign Currency Convertible Bonds (FCCBs), Warrants convertible into depository receipts with underlying Equity Shares / Equity Shares (securities) for an aggregate sum of upto US $ 150 million or equivalent in Indian and/or any other currency(ies) with such premium as may be appropriate, subject to necessary provisions and approvals.
3. To borrow (for company purposes) moneys in excess of the aggregate of the paid up capital of the Company and its free reserves, that is to say, reserves not set aside for any specific purpose, but so that the total amount of the moneys which may be borrowed together with the moneys already borrowed by the Company (apart from temporary loans obtained from the Company's Bankers in the ordinary course of business), shall not exceed Rs 1000 crores, subject to necessary provisions.
Rajesh Exports Ltd has informed BSE that the members at the Extra-Ordinary General Meeting (EGM) of the Company held on January 20, 2007, inter alia, have accorded the following:
1. Increase in the Authorized share capital of the Company from Rs 7,50,00,000/- to Rs 10,00,00,000/- by the creation of 1,25,00,000 equity shares of Rs 2/- each & consequential amendments in the Memorandum of Association of the Company.
2. Authority to the Board to borrow (for Company purposes) on such terms and conditions as they may deem fit, moneys in excess of the aggregate of the paid up capital of the Company and its free reserves, that is, reserves not set aside for any specific purpose, but so that the total amount of the moneys which may be borrowed together with the moneys already borrowed by the Company (apart from temporary loans obtained from the Company's Bankers in the ordinary course of business), shall not exceed Rs 1000 crores, subject to necessary provisions and approvals.
3. Authority to the Board to issue, offer and allot in international offerings any securities including, Global Depository Receipts (GDRs) and / or American Depository Receipts (ADRs) convertible into Equity Shares, Foreign Currency Convertible Bonds (FCCBs), Warrants , convertible into depository receipts with underlying Equity Shares / Equity Shares ("Securities") for an aggregate sum of upto US $ 150 million or equivalent in Indian and / or any other currency (ies) with such premium as may be appropriate, directly to Foreign / Non-resident Investors (whether Institutions, Bodies-corporate, Mutual Funds, Trusts, Foreign Institutional Investors, Banks and / or individuals, or otherwise and whether or not such investors are members, promoters, directors or their relatives / associates, of the Company) without first offering to the existing share holders, through Public Issue(s), Private Placement(s), or a combination thereof at such time or times in such tranche or tranches, at such price or prices, at such premium as may be appropriate to market price or prices in such manner and on such terms and conditions as may be decided by the Board, wherever necessary in consultation with the Lead Managers, Underwriters, Advisors or through the subsidiaries, including by way of Initial Public Offer in Europe, US or other countries, so as to enable the Company to get listed at any Stock Exchanges in India and / or outside India, subject to necessary provisions and approvals.
(As per BSE Announcement website dated on 05/02/2007) |