| 04-Aug-11 |
| Rishabhdev Technocable Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 09, 2011, inter alia, has approved the following:
Approved the Resolution for convening Extra Ordinary General Meeting of the Company on August 04, 2011 at Regd.Office #53, Jagat Satguru Industrial Est, 1st Floor, Off. Aarey Road, Goregaon (E), Mumbai - 400063 at 11 A.M. for Notice of EOGM is consider & Approved by the board with the following Business: -
- Approval for filing the Casual Vacancy by appointment of Statutory Auditors M/s. B. M. Gattani & Co:
- Approval of Resignations of Statutory Auditors M/s. Bharat J. Rughani & Company and Joint of Auditors M/s. S. J. Chirania & Associates.
The Board has discussed on the Issue of Fully Convertible Preferential Warrants to New Investor subject to approval of Shareholders in Extra-Ordinary General Meeting And in the accordance with the Guidelines for preferential Issue's contained in Chapter XIII of the (SEBI) securities and Exchange board of India (Disclosure and Investor Protection) Guidelines, 2009.
Rishabhdev Technocable Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the Company will be held on August 04, 2011 at 11 A. M. at Registered. Office: Office No: 53, Jagat Satguru Industrial Estate, 1st Floor, off. Aarey Road, Kothkar Marg, Goregaon (East), Mumbai - 400 063.
(As Per BSE Announcement Website dated on 12.07.2011)
Rishabhdev Technocable Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on August 04, 2011, inter alia, have accorded to the following:
1. Approved Ordinary Resolution for Resignations of Statutory Auditors M/s. Bharat J Rughani & Co. and Joint Auditors M/s. S J Chirania & Associates and appointment of Statuary Auditors under Section 224 M/s. B M Gattani & Co., Chartered Accountants to fill the casual vacancy.
2. Approved the Special Resolution for the proposed Issue of 720000 Fully Convertible Warrants to the Foreign Investor.
3. Consequential changes in the shareholding pattern of the Company before and after resulting from exercise of option by warrant holder in the respect aforementioned issue.
(As Per BSE Announcement Website dated on 04.08.2011) |
| 15-Apr-10 |
| Rishabhdev Technocable Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 20, 2010, inter alia, has considered the following points:
1. Approved the Proposal of Issue upto 50,00,000 Fully Convertible Warrants to Promoters subject to approval of shareholders in Extra- Ordinary General Meeting and in accordance with the Guidelines for Preferential Issues 'contained in Chapter XIII of the (SEBI) securities and Exchange Board of India (Disclosure and Investor protection) Guidelines, 2009.
Each Warrant entities the warrant-holder to subscribe for and be allotted one Equity Share of the Face Value of Rs. 10/- each at a price of Rs. 17/-each.
The Promoters to whom the allotment is proposed are:
1. Name of the Allottees: Sunil B. Golchha
- No. of Warrants: 30,00,000
2. Name of the Allottees: Kamal Chand B. Golchha
- No. of Warrants: 15,00,000
3. Name of the Allottees: Bhanwar Lal Golchha
- No. of Warrants: 5,00,000
2. Approved the Resolution for Convey Extra- Ordinary General Meeting subject to the Company on April 15, 2010.
Rishabhdev Technocable Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the Company will be held on April 15, 2010, inter alia, to transact the following business:
1. To increase the Authorised Share Capital of the Company, from Rs. 75,00,00,000 (Rupees Seventy Five Crores only) divided into 7,50,00,000 (Seven Crores Fifty Lacs) equity shares of Rs. 10/- (Rupees Ten only) each to Rs. 1,00,00,00,000 (Rupees Hundred Crores Only) divided into 10,00,00,000 (Ten Lacs) equity shares of Rs. 10/- (Rupees Ten) each and consequential amendment in the Memorandum of Association of the Company.
2. To offer, issue and allot upto 50,00,000 Fully Convertible Equity Warrants at price of Rs. 17 per warrant aggregating Rs. 8,50,00,000 on preferential basis to promoters which on conversion will amount to 50,00,000 Equity Shares face value of Rs. 10 each as may be permitted under the applicable Rules and Regulations, in one or more trenches, and upon such terms and conditions as may be deemed appropriate by the Board at its absolute discretion on necessary terms & conditions.
(As Per BSE Announcement Dated on 31/03/2010)
Rishabhdev Technocable Ltd has informed BSE that the members of the Company at the Extra-Ordinary General Meeting held on April 15, 2010, have approved Increase in Authorised Share Capital of the Company From Rs. 75,00,00,000 (Rupees Seventy Five Crores only) divided into 7,50,00,000 (Seven Crores Fifty Lakhs) equity shares of Rs. 10/- (Rupees Ten Only) each to Rs. 1,00,00,00,000 (Rupees One Hundred Crores Only) divided into 10,00,00,000 (Ten Crores) equity Shares of Rs. 10/- (Rupees Ten Only) each by passing Ordinary Resolution.
Further the Company has informed that the Special Resolution for Issue of 50,00,000 Fully Convertible Equity Warrants to the Promoters as mentioned in the notice of the Extra-Ordinary General Meeting dated March 20, 2010 was not carried and not passed on show of hands by the Majority of the Shareholders of the Company.
(As Per BSE Announcement Website dated on 15.04.2010) |
| 31-Aug-09 |
| Rishabhdev Technocable Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the Members of the Company will be held on August 31, 2009, inter alia, to transact the following business:
1. Issue of 30,00,000 Equity Convertible Equity Warrants to Promoters :
- To offer, issue and allot upto 30,00,000 Fully Convertible Equity Warrants at price of Rs. 33/- per warrant aggregating Rs 9,90,00,000/- on preferential basis to promoters which on conversion will amount to 30,00,000 Equity Shares face value of Rs. 10/- each as may be permitted under the applicable Rules and Regulations, in one or more tranches, and upon such terms and conditions as may be deemed appropriate by the Board, subject to necessary previsions & approvals.
2. Approval for taking loans / Credit facility etc from Banks & Financial Institutions.
Rishabhdev Technocable Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on August 31, 2009, inter alia, have accorded to the following:
1. Issue of 30,00,000 Fully Convertible Equity Warrants to the following Promoters in the following proportion :
(i) Name of the Promoter : Sunil B Golechha
- No. of Warrants : 5,00,000
(ii) Name of the Promoter : Kamal Chand B Golechha
- No. of Warrants : 5,00,000
(iii) Name of the Promoter : Bhanwal Lal Golechha
- No. of Warrants : 20,00,000
2. Approval for taking Loans / Credit facility etc. from Banks & Financial Institutions not exceeding Rs 1,80,00,000/-.
(As Per BSE Announcement Website dated on 31.08.2009) |
| 11-Aug-09 |
| Rishabhdev Technocable Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 10, 2009, inter alia, has approved the following:
1. 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 Rs 150 crore (INR) 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 Luxemhourg / london NASDAQ / New York Stock Exchanges / Singapore Stock Exchange and/ o r an) other 0verseas Stock Exchange:, subject to necessary provisions & approvals.
2. Incrased in Authorised Capital:
- Subject to approval of shreholders and pursuant to Sectin 94 and any other applicable provisions, if any of the Companies Act, 1956, in Clause V a) of the Memorandum of Association for the word and figures, 'The Authorised Share Capital of the Company in Rs 15,00,00,000/- (Rupees Fifteen Crores only) dividend into 1,50,00,000 (One Crore Fifty Lacs) Equity Shares of Rs 10/- (Rupees Ten only) each,' for the following words and figures shall be substituted, namely:
V a) The Authorised Share Capital of the Company is Rs 75,00,00,000/- (Rupees Seventy Five Crores only) dividend into 7,50,00,000 (Seven Crore Fifty Lacs) Equity Shares of Rs 10/- (Rupees Ten only) each.'
3. The Extra-Ordinary General Meeting be called on August 11, 2009 to give effect the resolutions discussed in this meeting.
Rishabhdev Technocable Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on August 11, 2009, inter alia, to transact the following business:
1. Increase in Authorized Share Capital of the Company from Rs 15,00,00,000 /- to Rs 75,00,00,000/- and consequential amendments in the Memorandum of Association of the Company.
2. Raising of funds through Issue of Foreign Currency Convertible Bonds (FCCB), Global Depository Receipts (GDR) And / Or American Depositary Receipts (ADRS) for an aggregate sum of Re 150 Crores (INR):
- 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 Rs 150 crore (INR) 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 Luxembourg / London / NASDAQ / New York Stock Exchanges / Singapore Stock Exchange and / or any other Overseas Stock Exchanges, subject to necessary provisions & approvals.
(As Per BSE Announcement Website dated on 22.07.2009)
Rishabhdev Technocable Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on August 11, 2009, inter alia, have approved the following:
1. Increase in Authorised Share Capital from Present Rs 15,00,00,000/- (Rupees Fifteen Crores Only) divided into 1,50,00,000 Equity Shares of Rs 10/- each to Rs 75,00,00,000/- (Rupees Seventy Five Crores only) divided into 7,50,00,000 Equity Shares of Rs 10/- each.
2. Approval of Company to raise funds not exceeding Rs 1,50,00,00,000/- (One Hundred Fifty Crores only) by way of issue of Foreign Currency Convertible Bonds (FCCB), Global Depository Receipts (GDR) and/or & American Depository Receipts (ADR).
(As Per BSE Announcement Dated on 11/08/2009) |