| Rajshree Sugars & Chemicals Ltd has informed BSE that at the meeting of the Board of Directors held on April 20, 2009, it was proposed to issue 11,00,000 preferential shares / warrants to one of the promoters of the Company, Ms. Rajshree Pathy, Chairperson and Managing Director, subject to approval of the shareholders at the ensuing Extraordinary General Meeting to be held on May 28, 2009.
Rajshree Sugars & Chemicals Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on May 28, 2009, inter alia, to offering, issuing, allotting on preferential basis, to Ms. Rajshree Pathy, Chairperson and Managing Director ("the allottee") upto 11,00,000 (Eleven lakhs only) Equity warrants ("Equity Warrants"), and for the allotment of Equity Shares on exercise of such Equity Warrants where each such Equity Warrant is exercised, at the option of the holder they shall be allotted one fully paid up equity share of Rs 10/- each, at an exercise price ("the Exercise Price") (including premium) being a price not lower than the minimum price specified as per SEBI Guidelines for Preferential issue (Chapter XIII of the SEBI (DIP) Guidelines 2001), the "Relevant Date" for this purpose being April 28, 2009 and on such further terms and conditions, as may be finalized by the Board of Directors, in accordance with guidelines / rules applicable to preferential allotment of the Equity Warrants, by Government of India, Securities & Exchange Board of India (SEBI), or any other authorities, as the case may be, and / or any modification thereof and subject to the necessary terms and conditions.
(As Per BSE Announcement Dated on 08/05/2009)
Rajshree Sugars & Chemicals Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on May 28, 2009, inter alia, approved to issue 11,00,000 preferential shares /warrants to Ms. Rajshree Pathy, Chairperson and Managing Director.
(As Per BSE Announcement Website dated on 28.05.2009)
Rajshree Sugars & Chemicals Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on May 28, 2009, inter alia, have accorded the Board to offering, issuing, allotting on preferential basis, to Ms. Rajshree Pathy, Chairperson and Managing Director ("the allottee") upto 11,00,000 (Eleven lakhs only) Equity warrants ("Equity Warrants"), and for the allotment of Equity Shares on exercise of such Equity Warrants where each such Equity Warrant is exercised, at the option of the holder they shall be allotted one fully paid up equity share of Rs 10/- each, at an exercise price ("the Exercise Price") (including premium) being a price not lower than the minimum price specified as per SEBI Guidelines for Preferential issue (Chapter XIII of the SEBI (DIP) Guidelines 2001), the "Relevant Date" for this purpose being April 28, 2009 and on such further terms and conditions, as may be finalized by the Board of Directors, in accordance with guidelines / rules applicable to preferential allotment of the Equity Warrants, by Government of India, Securities & Exchange Board of India (SEBI), or any other authorities, as the case may be, and / or any modification thereof and subject to the terms and conditions.
(As per BSE Announcement Dated on 08.06.2009)
Rajshree Sugars & Chemicals Ltd has informed BSE that Ms. Rajshree Pathy, Chairperson and Managing Director of the Company has remitted 25% of the exercise price of Rs 10/- per share at a premium of Rs 52/- per share, on June 10, 2009 i.e. within 15 days from the date of resolution passed at the Extraordinary General Meeting held on May 28, 2009, as per statute.
(As per BSE Announcement Dated on 12.06.2009) |
| Rajshree Sugars & Chemicals Ltd has submitted to the Exchange a copy of the notice of Extraordinary General Meeting of the members of the Company to be held on June 08, 2006.
EGM 08/06/2006
inter alia, to transact the following:
1. To issue, offer and allot equity shares and / or securities (including Debentures or Bonds)
convertible into equity shares whether fully or partly and whether compulsorily or at the option of the Company or the holders thereof and / or American Depository Receipts (ADRs) / Global Depository Receipts (GDRs) representing equity shares or convertible securities and / or security linked to equity shares and / or all or any of the aforesaid with or without detachable or non-detachable warrants as the Company may be advised (Securities), for such an amount or amounts (inclusive of such premium) as may be decided by the Board so that the net increase in the equity share capital of the Company consequent upon issue and allotment of the Securities so issued and allotted and / or consequent upon exercise of all the rights attached to such securities by the holders thereof, shall not exceed the authorised share capital for the time being of the Company, viz., Rs 300/- million (i.e., further issue of 73,08,300 equity shares of Rs 10/- each), with or without voting rights in general meetings / class meetings, at such price or prices, at such interest or additional interest, at a discount or at the premium to market price or prices and in such form and manner and on such terms and conditions or such modifications thereto, including the number of Securities to be issued, face value, rate of interest, redemption period, manner of redemption, amount of premium on redemption / prepayment, number of equity shares, to be allotted on conversion / redemption / extinguishment of debt(s), exercise of rights attached to the warrants, the ratio of exchange of shares and / or warrants and / or any other financial instrument, period of conversion, fixing of record date or book closure and all other related or incidental matters, subject to necessary approvals & provision.
2. To borrow, any sum or sums of money for the purpose of business of the Company which together with the monies already borrowed by the Company (apart from temporary loans obtained from the Company's Bankers in the ordinary course of business) may exceed at any time the aggregate of the paid-up capital of the Company and its free reserves (that is to say, reserves, not set apart for any specific purpose) by a sum not exceeding Rs 6,000/- million, subject to necessary approvals & provisions.
3. For mortgaging and / or charging on such terms and conditions for borrowing upto Rs 6,000/- million, the whole or substantially the whole of the Company's any one or more of the undertakings including the present and / or future properties, whether movable or immovable comprised in any or new undertaking(s) of the Company as the case may be, in favour of financial institutions, corporations, banks, mutual funds, government / other agencies or any other person(s), entities which give, provide, or extend loans / facilities to the Company or in favour of trustees of such lenders to secure the said amount of loans / debentures together with interest thereon, commitment charges, liquidated damages, premium on redemption, trustees remuneration, costs, charges, expenses and all other moneys payable under the
agreement(s) / arrangement(s) entered into / to be entered into by the Company, subject to necessary approvals & provision.
4. Approving the appointments and terms of remuneration of Mr R Varadraj, Director and Chief Operating Officer, subject to necessary approvals & provisions.
(Asper BSE Bulletin dated on 01/06/2006)
Rajshree Sugars & Chemicals Ltd has submitted to the Exchange a copy of the proceedings of the EGM of the members of the Company held on June 08, 2006.
(As per NSE Bulletin dated on 20/06/2006)
Rajshree Sugars & Chemicals Ltd has informed BSE that the members at the Extra Ordinary Meeting (EGM) of the Company held on June 08, 2006, inter alia, have accorded the following resolutions: 1. Authority to the Board to issue, offer and allot from time to time in one or more tranches, by way of public issue, rights issue, preferential allotment, or otherwise, in course of the offerings in Indian and / or International markets, equity shares and / or securities (including Debentures or Bonds) convertible into equity shares whether fully or partly and whether compulsorily or at the option of the Company or the holders thereof and / or American Depository Receipts (ADRs) / Global Depository Receipts (GDRs) representing equity shares or convertible securities and / or security linked to equity shares and / or all or any of the aforesaid with or without detachable or non-detachable warrants as the Company may be advised ("Securities") subscribed in Indian and / or foreign currency(ies) by resident or non-resident / foreign investors (whether institutions and / or incorporated bodies and / or individuals and trusts and / or otherwise) / Foreign Institutional Investors (FIIs) / Mutual Funds / Pension Funds / Venture Capital Funds / Banks and such other persons or entities, whether or not such investors are members of the Company, to all or any of them, jointly or severally for such an amount or amounts (inclusive of such premium) as may be decided by the Board so that the net increase in the equity share capital of the Company consequent upon issue and allotment of the Securities so issued and allotted and / or consequent upon exercise of all the rights attached to such securities by the holders thereof, shall not exceed the authorised share capital for the time being of the Company, viz. Rs 300 million (i.e. further issue of
73,08,300 equity shares of Rs 10 each), at such time or times, with or without voting rights in general meetings / class meetings, at such price or prices, at such interest or additional interest, at a discount or at the premium to market price or prices and in such form and manner and on such terms and conditions or such modifications thereto, including the number of
Securities to be issued, face value, rate of interest, redemption period, manner of redemption, amount of premium on redemption / prepayment, number of equity shares, to be allotted on conversion / redemption / extinguishments of debt(s), exercise of rights attached to the warrants, the ratio of exchange of shares and / or warrants and / or any other financial instrument, period of conversion, fixing of record date or book closure and all other related or incidental matters as the Board may in its absolute discretion think fit and decide in consultation with the appropriate authority(ies), the Merchant
Banker(s) and / or Lead Manager(s) and / or Underwriter(s) and / or Advisor(s) and / or such person(s), but without requiring any further approval or consent from the shareholders and also subject to the applicable guidelines for the time being in force, subject to necessary provisions & approvals. 2. Authority to the Board to borrow, any sum or sums of money from time to time at their discretion for the purpose of business of the Company, which together with the monies already borrowed by the Company (apart from temporary loans obtained from the Company's Bankers in the ordinary course of business) may exceed at anytime, the aggregate of the paid-up capital of the Company and its free reserves (that is to say, reserves, not set apart for any specific purpose) by a sum not exceeding Rs 6000 million and that the Board of Directors be and is hereby empowered and authorised to arrange or fix the terms and conditions of all such monies to be borrowed from time to time as to interest,
repayment, security or otherwise as it may think fit, subject necessary to provisions & approvals. 3. Authority to the Board to mortgaging and / or charging on such terms and conditions for borrowing upto Rs 6000 million, at such time or times and from time to time and in such form or manner, as they may think fit, the whole or substantially the whole of the Company's any one or more of the undertakings including the present and / or future properties, whether movable or immovable comprised in any or new undertaking(s) of the Company as the case may be, in favour of financial institutions, corporations, banks, mutual funds, government / other agencies or any other person(s), entities which give, provide or extend loans / facilities to the Company or in favour of trustees of such lenders to secure the said amount of loans / debentures together with interest thereon, commitment charges, liquidated damages, premium on redemption,trusteesremuneration, costs, charges,
expenses and all other moneys payable under the agreement(s) / arrangement(s) entered into / to be entered into by the Company in respect of the said loans as the Board may deem fit in the best interests of the Company, subject necessary to
provisions & approvals. 4. Appointment of Mr. R Varadaraj as Director and Chief Operating Officer of the Company on remuneration, terms & conditions
(As Per BSE Bulletin Dated on 20/06/2006) |