| 14-Jun-12 |
| Shriram Transport Finance Company Ltd has informed BSE that, by an Order dated April 27, 2012, the Hon'ble High Court of Judicature at Madras has directed that a meeting of the Equity Shareholders of the Applicant Company ('Shriram Transport Finance Company Ltd'), will be held on June 14, 2012, for the purpose of considering and, if thought fit, approving, with or without modification(s), the proposed Scheme of Arrangement between Shriram Holdings (Madras) Private Limited and Shriram Transport Finance Company Limited and their respective shareholders and creditors.
Shriram Transport Finance Company Ltd has informed BSE regarding Outcome / proceedings of the court convened meetings of equity shareholders and secured creditors of the Company.
(As Per BSE Announcement Dated on 18.06.2012) |
| 25-Oct-10 |
| Shriram Transport Finance Company Ltd has informed BSE that Shriram Equipment Finance Company Limited, a wholly of subsidiary of Shriram Transport Finance Company Limited, has increased the Authorised Capital from Rs. 10 Crores (Rupees Ten Crores) divided into 1,00,00,000 (One Crore) Equity shares of Rs. 10/- each to Rs. 250 Crores (Rupees Two Hundred and Fifty Crores only) divided into 25,00,00,000 (Twenty Five Crores) Equity Shares of Rs. 10/- each at its Extra Ordinary Genera! Meeting held on October 25, 2010. |
| 12-Dec-07 |
| Shriram Transport Finance Company Ltd has informed BSE that the Committee of the Board at its meeting held on November 13, 2007, subject to approval of the members, has decided to issue, offer and allot by way of preferential offer:
1. (a) Upto 6800000 Equity Shares of Rs 10/- each to Blue Ridge Ltd Partnership, Blue Ridge Offshore Master Ltd Partnership and / or their respective affiliates for cash at a price of Rs 300 per Equity Share (including a premium of Rs 290 per equity share) being a price higher than the price determined as per Chapter XIII of the SEEI (DIP) Guidelines.
(b) Upto 4000000 Equity Shares of Rs 10/- each to Tiger Global Management LLC and / or its affiliates for cash at a price of Rs 300/- per Equity Share (including a premium of Rs 290 per equity share) being a price higher than the price determined as per Chapter XIII of the SEBE (DIP) Guidelines.
(c) Upto 1200000 Equity Shares of Rs 10/- each to Kampani Finance Ltd for cash at a price of Rs 300/ per Equity Share (including a premium of Rs 290 per equity share) being a price higher than the price determined as per Chapter XIII of the SEBI (DIP) Guidelines.
(d) Upto 8000000 Warrants to Shriram Holdings (Madras) Pvt Ltd at a subscription price not less than Rs 30/- for each Warrant conferring an option to the holder to subscribe to one Equity Share per warrant at an exercise price of Rs 300/-, per warrant being a price higher than the price determined as per Chapter XIII of the SEBI (DIP) Guidelines and the subscription amount for the warrants being adjusted against the exercise price of the warrants.
2. For the purpose of seeking approval of the members of the Company for further issue of capital and for the proposed preferential offer, the Committee also convened an Extra Ordinary General Meeting of the members of the Company on December 12, 2007.
3. Consequently, the Extra Ordinary General Meeting convened earlier, and which is to be held on November 23, 2007 has been cancelled.
4. The Company is in the process of sending notice of cancellation of the Extra Ordinary General Meeting to be held on November 23, 2007 and the notice of convening of an Extra Ordinary General Meeting on December 12, 2007.
Shriram Transport Finance Company Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the members of the Company which is scheduled to be held on November 23, 2007, has been cancelled and the said EGM will now be held on December 12, 2007, inter alia, to transact the following business:
1.(A) To create, offer, issue and allot, on such occasion or occasions, in one or more tranches, as may be determined by the Board in the course of domestic and / or international offering(s), to domestic and / or foreign institutions, non-resident Indians, Indian public Companies, corporate bodies, mutual funds, banks, insurance Companies, pension funds, Qualified Institutional Buyers as defined under Clause 2.2.2b(v) of Securities & Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000 ("SEBI (DIP) Guidelines") by way of Qualified Institutional Placements under Chapter XIII A of the SEBI (DIP) Guidelines, individuals or otherwise, whether shareholders of the Company or not, through a public Issue and / or on a private placement including preferential basis equity shares and / or securities linked to equity shares and / or convertible / exchangeable securities Including but not limited to Global Depository Receipts (GDRs) and / or American Depository Receipts (ADRs) ("Securities"), such that the issue of Securities as above shall not result in increase of the issued and subscribed equity share capital of the Company by more than 300,00,000 equity shares of face value of Rs 10 /- each (including green shoe, if any).
(B) To offer, issue and allot, out of the aforesaid 300,00,000 equity shares of face value of Rs 10/- each, the following Equity Shares and Warrants in one or more tranch(es), on preferential basis under Chapter XIII of the SEBI (DIP) Guidelines, to all or any one or more of the following entities / persons who are not Members of the Company:
a) Upto 40,62,000 Equity Shares of Rs 10/- each to BRLP Mauritius Holdings II for cash at a price of Rs 300 per Equity Share (including a premium of Rs 290 per Equity Share) being a price higher than the price determined as per Chapter XIII of the SEBI (DIP) Guidelines.
b) Upto 27,38,000 Equity Shares of Rs 10/- each to BROMLP Mauritius Holdings II for cash at a price of Rs 300 per Equity Share (including a premium of Rs 290 per Equity Share) being a price higher than the price determined as per Chapter XIII of the SEBI (DIP) Guidelines.
c) Upto 24,54,000 Equity Shares of Rs 10/- each to Tiger Global, L.P, (Delaware Limited Partnership) for cash at a price of Rs 300/- per Equity Share (including a premium of Rs 290 per Equity Share) being a price higher than the price determined as per Chapter XIII of the SEBI (DIP) Guidelines.
d) Upto 81,600 Equity Shares of Rs 10/- each to Tiger Global II, L.P. (Delaware Limited Partnership) for cash at a price of Rs 300/- per Equity Share (including a premium of Rs 290 per Equity Share) being a price higher than the price determined as per Chapter XIII of the SEBI (DIP) Guidelines.
e) Upto 14,64,400 Equity Shares of Rs 10/- each to Tiger Global, Ltd, (tax - exempted Cayman Islands Corporation) for cash at a price of Rs 300/- per Equity Share (including a premium of Rs 290 per Equity Share) being a price higher than the price determined as per Chapter XIII of the SEBI (DIP) Guidelines,
f) Upto 12,00,000 Equity Shares of Rs 10/- each to Kampani Finance Ltd for cash at a price of Rs 300/- per Equity Share (including a premium of Rs 290 per Equity Share) being a price higher than the price determined as per Chapter XIII of the SEBI (DIP) Guidelines.
g) Upto 80,00,000 Warrants to Shriram Holdings (Madras) Pvt Ltd (SHMPL) at a subscription price of not less than Rs 30/- for each Warrant conferring an option to the holder to subscribe to one Equity Share per Warrant at an exercise price of Rs 300/- per Warrant, being a price higher than the price determined as per Chapter XIII of the SEBI (DIP) Guidelines and the subscription amount for the Warrants being adjusted against the exercise price of the Warrants.
2. For Investments by Foreign Institutional Investors, either directly or through their sub-accounts ("the FIIs"), in shares in the Company or any other security / ies that is / are convertible into shares in the Company ("Securities"), by purchase or acquisition of such Securities, from the stock, market or otherwise, on repatriation basis or otherwise, subject to the condition that the total holding of all FIIs put together shall not exceed 74% (Seventy Four per cent) of the then 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.
3. To borrow for the purpose of the business of the Company from time to time on such terms and conditions the monies to be borrowed together with the monies already borrowed by the Company (apart from temporary loans obtained and / or to be obtained from the Company's bankers in the ordinary course of business) will or may exceed 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, so that the total amounts up to which the monies may be borrowed by the Board of Directors shall not at any time exceed Rs 20000 Crores (Rupees Twenty Thousand Crores only), subject to necessary provisions & approvals.
4. For mortgaging and / or charging in such form and manner and on such terms and at such time(s) as the Board of Directors may deem fit, the movable and / or immovable properties of the Company, wherever situate, present and future, whether presently belonging to the Company or not, in favour of any person including, but not limited to, financial / investment institution(s), bank(s), insurance Company(ies), mutual fund(s), corporate body(ies), trustee(s) to secure the debentures, loans, hire purchase and / or lease portfolio management transaction(s) for finance and other credit facilities up to a sum not exceeding Rs 25000 Crores (Rupees Twenty Five Thousand Crores only), subject to necessary provisions & approvals.
(As per BSE Announcement website dated on 21/11/2007)
Shriram Transport Finance Co. Ltd. has submitted to the Exchange the proceedings at the Extra Ordinary General Meeting of the Company held on 12th December, 2007.
(As per NSE Bulletin dated on 7/12/2007) |
| 23-Nov-07 |
| Shriram Transport Finance Company Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on November 23, 2007, inter alia, to transact the following:
1. To create, offer, issue and allot, on such occasion or occasions, in one or more, tranches, as may be determined by the Board in the course of domestic and / or international offering(s), to domestic and / or foreign institutions, non Indians, Indian public companies, corporate bodies, mutual funds, banks, insurance companies, pension funds, Qualified Institutional Buyers as defined under Clause 2.2.2b(v) of Securities & Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000 ("SEBI (DIP) Guidelines") by way of Qualified Institutional Placements under Chapter XIII A of the SEBI (DIP) Guidelines, individuals or otherwise, whether shareholders of the Company or not, through a public issue and / or on a private placement basis equity shares and / or securities linked to equity shares and / or convertible / exchangeable securities including but not limited to Global Depository Receipts (GDRs) and / or American Depository Receipts (ADRs) ("Securities"), such that the issue of Securities as above shall not result in increase of the issued and subscribed equity share capital of the Company by more than 300,00,000 equity shares of face value of Rs 10/-each (including green shoe, if any), subject to necessary provisions & approvals.
2. For investments by Foreign Institutional Investors, either directly or through their sub-accounts ("FIIs"), in shares in the Company or any other security / ies that is / are convertible into shares in the Company ("Securities"), by purchase or acquisition of such Securities, from the stock market or otherwise, on repatriation basis or otherwise, subject to the condition that the total holding of all FIIs put together shall not exceed 74% (Seventy Four per cent) of the then 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.
3. To borrow for the purpose of the business of the Company from time to time on such terms and conditions as the Board of Directors may deem fit, notwithstanding that the monies to be borrowed together with the monies already borrowed by the Company (apart from temporary loans obtained and / or to be obtained from the Company's bankers in the ordinary course of business) will or may exceed 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, so that the total amounts up to which the monies may be borrowed by the Board of Directors shall not at any time exceed Rs 20000 Crores (Rupees Twenty Thousand Crores only), subject to necessary provisions & approvals.
4. For mortgaging and / or charging in such form and manner and on such terms and at such time(s) as the Board of Directors may deem fit, the movable and / or immovable properties of the Company, wherever situate, present and future, whether presently belonging to the Company or not, in favour of any person including, but not limited to, financial / investment institution(s), bank(s), insurance Company(ies), mutual fund(s), corporate body (ies); trustee(s) to secure the debentures, loans, hire purchase and / or lease portfolio management transaction(s) for finance and other credit facilities up to a sum not exceeding Rs 25000 Crores (Rupees Twenty Rye Thousand Crores only), subject to necessary provisions & approvals.
The Extra Ordinary General Meeting convened earlier, and which is to be held on November 23, 2007 has been cancelled.
(As Per BSE Announcement Website Dated on 13/11/2007) |
| 08-Mar-06 |
| has allotted to Shriram Holdings (Madras) Pvt Ltd.
a. 2,44,78,681 Equity Shares of Rs 10/- each for cash at Rs 112.00 per share (including a premium of Rs 102/- per share) fully paid up on preferential basis.
b. 1,60,00,000 Warrants, convertible into Equity Shares at a later date, of Rs 10/- each for cash at Rs 112/- per Share (including a premium of Rs 102/- per Share) on which an amount equivalent to ten percent of the issue price has been paid up.
The Board at the meeting referred to above have also approved certain amendments to the Articles of Association of the Company, subject to approval of shareholders. In this connection, an Extraordinary General Meeting of the Company will be held on March 08, 2006.
EGM 08/03/2006
To consider interalia the following:
To seek members approval for the Special Resolution for modification and alteration of
Article of Association of the Company.
(As per BSE Bulletin dated on 28/02/2006)
Shriram Transport Finance Co. Ltd. has submitted to the Exchange a copy of the notice together with the explanatory statement of the EGM of the Company to be held on March 08, 2006.
(As per NSE Bulletin dated on 03/03/2006)
The company has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 08, 2006, inter alia, have approved the special resolution for alteration / modification in the Article of Association
of the Company.
(As per BSE Bulletin dated on 05/04/2006) |