| 21-Jun-12 |
| Sterlite Industries (India) Ltd has informed BSE that a meeting of the Equity Shareholders of Sterlite Industries (India) Limited is being convened and will be on June 21, 2012 for the purpose of approving the proposed arrangement embodied in the Scheme of Amalgamation and Arrangement amongst Sterlite Industries (India) Limited, The Madras Aluminium Company Limited, Sterlite Energy Limited, Vedanta Aluminium Limited and Sesa Goa Limited and their respective Shareholders and Creditors.
Sterlite Industries (India) Ltd has submitted to BSE a copy of Court Convened Meeting of the Company will be held on June 21, 2012.
Sterlite Industries (India) Ltd has submitted to BSE a copy of Court Convened Meeting of the Company to be held on June 21,2012.
(AsPer BSE Announcement Website Dated on 24/05/2012)
Sterlite Industries (India) Ltd has informed BSE that the Court Convened Meeting of the Equity Shareholders of the Company, i.e., was held on June 21, 2012 to consider the Scheme of Amalgamation and Arrangement as per notice dated May 15, 2012.
The results of the court convened meeting will be announced on June 25, 2012.
(As Per BSE Announcement Website Dated on 21/06/2012)
Sterlite Industries (India) Ltd has informed BSE regarding Court Convened Meeting of Equity Shareholders of the Company held on June 21, 2012.
Ref: Scheme of Amalgamation and Arrangement under Sections 391 to 394 read with Sections 78, 100 to 103 of the Companies Act, 1956 amongst Sterlite Industries (India) Limited, The Madras Aluminium Company Limited, Sterlite Energy Limited, Vedanta Aluminium Limited and Sesa Goa Limited and their respective Shareholders and Creditors
We wish to inform you that, pursuant to order dated 26th April, 2012 passed by Hobble High court of Judicature at Madras, meeting of equity shareholders of the Company was held on Thursday, 21s June, 2012 at 10 am at Tamira Club, Tamira Niketan, S1PCOT, Industrial Complex, Madurai-Bypass Road, T. V. Puram P. O. Tuticorin - 628002.
Of the members present and validly voting 89.75% in numbers representing 92% of votes in value voted in favour of the resolution approving the Scheme. Details of the voting are enclosed in Annexure.
Accordingly, the Scheme has been approved by Company's equity shareholders with requisite majority, being more than 50% in number and 75% in value of the members present and voting at the meeting.
The scheme is now subject to the approval of the Hon'ble High Court of Judicature at Madras, Kindly take a note of the same.
(AsPer BSE Anouncement Website Dated on 25/06/2012) |
| 11-Jul-09 |
| Sterlite Industries (India) Limited has submitted to the Exchange a copy of the Notice of the Extra Ordinary General Meeting of the Company to be held on July 11, 2009.
Sterlite Industries India Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the members of the Company will be held on July 11, 2009, inter alia, to transact the following:
1. To create, offer, issue and allot in one or more placement / tranches to Qualified Institutional Buyers ('QIB') as defined in sub-clause (xxiva) of Clause 1.2 of SEBI (Disclosure and Investor Protection) Guidelines, 2000 for the time being in force, equity shares and / or fully convertible debentures and / or partly convertible debentures and / or non-convertible debentures with warrants, and / or any securities (other than warrants), which are convertible into or exchangeable with equity shares at a later date (the 'Securities') at such time or times as the Board may hereafter decide and at a price to be determined by the Board in accordance with Clause 13A.3 of SEBI Guidelines for Qualified Institutions Placement specified under Chapter XIII-A of SEBI (Disclosure and Investor Protection) Guidelines, 2000 for the time being in force, provided that the issue of Securities as aforesaid shall not result in increase of the issued, Subscribed and Paid-up Capital of the Company by more than 25% (twenty five per cent) of the then postùissue. Issued, Subscribed and Paid-up Equity Share Capital of the Company, subject to necessary provisions & approvals.
2. To create, offer, issue and allot in any security including Global Depositary Receipts (GDRs), American Depositary Receipts (ADRs) convertible into equity shares, preference shares whether cumulative / redeemable / convertible at the option of the Company and / or the option of the holders of the security and / or securities linked to equity shares / preference shares and / or any other instrument or securities representing convertible securities such as Foreign Currency Convertible Bonds (FCCBs) debentures or warrants convertible or like instruments of a type issued in international jurisdictions in offerings of this nature, whether convertible into or exchangeable with depositary-receipts for underlying equity shares / equity shares / preference shares, (the 'Securities') to be subscribed by foreign / domestic investors / institutions and / or corporate bodies / entities including mutual funds, banks, insurance companies and / or individuals or otherwise, whether or not such persons / entities / investors are members of the Company whether in one or more currency, such issue and allotment to be made at such time or times in one or more tranche or tranches at par or at such price or prices and on such terms and conditions and in such manner as the Board may, in its absolute discretion think fit, in consultation with the lead managers, underwriters, advisors or other intermediaries provided that the issue of Securities as aforesaid shall not result in increase of the Issued, Subscribed and Paid-up Capital of the Company by more than 25% (twenty five percent) of the then post-issue, Issued, Subscribed and Paid-up Equity Share Capital of the Company, subject to necessary provisions & approvals.
(As Per BSE Annoucement Website dated on 23.06.2009)
Sterlite Industries India Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on July 11, 2009, inter alia, have approved all the items by the requisite majority.
1. Approval of enabling resolution in favour of the Board of Directors/Committee of Directors/Authorised Officials of the Company to issue appropriate securities to Qualified Institutional Buyers (QIB) under Qualified Institutions Placement (QIPs).
2. Approval of enabling resolution in favour of the Board of Directors/Committee of Directors/Authorised Officials of the Company to issue appropriate securities either in form of American Depository Receipts (ADRs)/Global Depository Receipts (GDRs)/ Foreign Currency Convertible Bonds (FCCBs)/any other securities. The Shareholders also approved an amendment to the resolution no.2 wherein the definition of 'relevant date' was made in conformity with Foreign Currency Convertible Bonds and Ordinary Shares (Through Depository Receipt Mechanism) Scheme, 1993 as amended till date.
(As Per BSE Announcement Dated on 13/07/2009)
Sterlite Industries India Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on July 11, 2009, inter alia, have also accorded to the following:
1. Authority to the Board to create, offer, issue and allot in one or more placement / tranches to Qualified Institutional Buyers ('QIB') as defined in sub-clause (xxva) of Clause 1.2 of SEBI (Disclosure and Investor Protection) Guidelines, 2000 for the time being in force, equity shares and / or fully convertible debentures and / or partly convertible debentures and / or non-convertible debentures with warrants, and / or any securities (other than warrants), which are convertible into or exchangeable with equity shares at a later date (the 'Securities') at such time or times as the Board may hereafter decide and at a price to be determined by the Board in accordance with Clause 13A.3 of SEBI Guidelines for Qualified Institutions Placement specified under Chapter XIII-A of SEBI (Disclosure and Investor Protection) Guidelines, 2000 for the time being in force, provided that the issue of Securities as aforesaid shall not result in increase of the issued, Subscribed and Paid-up Capital of the Company by more than 25% (twenty five per cent) of the then post_issue, Issued, Subscribed and Paid-up Equity Share Capital of the Company, subject to necessary provisions & approvals.
2. Authority to the Board to create, offer, issue and allot in any security including Global Depositary Receipts (GDRs), American Depositary Receipts (ADRs) convertible into equity shares, preference shares whether cumulative / redeemable / convertible at the option of the Company and / or the option of the holders of the security and / or securities linked to equity shares / preference shares and / or any other instrument or securities representing convertible securities such as Foreign Currency Convertible Bonds (FCCBs) debentures or warrants convertible or like instruments of a type issued in international jurisdictions in offerings of this nature, whether convertible into or exchangeable with depositary-receipts for underlying equity shares / equity shares / preference shares, (the 'Securities') to be subscribed by foreign / domestic investors / institutions and / or corporate bodies / entities including mutual funds, banks, insurance companies and / or individuals or otherwise, whether or not such persons / entities / investors are members of the Company whether in one or more currency, such issue and allotment to be made at such time or times in one or more tranche or tranches at par or at such price or prices and on such terms and conditions and in such manner as the Board may, in its absolute discretion think fit, in consultation with the lead managers, underwriters, advisors or other intermediaries provided that the issue of Securities as aforesaid shall not result in increase of the Issued, Subscribed and Paid-up Capital of the Company by more than 25% (twenty five percent) of the then post-issue, Issued, Subscribed and Paid-up Equity Share Capital of the Company, subject to necessary provisions & approvals.
(As Per BSE Announcement Website dated on 05.08.2009) |
| 11-Dec-06 |
| Sterlite Industries India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 15, 2006, has, subject to necessary approvals and applicable provisions of law, approved the following matters:
1. (a) Reclassification of the existing authorized share capital of the Company of Rs 150 crores divided into 60 crore equity shares of Rs 2/- each and 3 crore preference shares of Rs 10/- into Rs 150 crores divided into 75 crore equity shares of Rs 2/- each.
(b) Further increase in the authorized capital of the Company from Rs 150 crores to Rs 175 crores by creating an additional 12.5 crore equity shares of Rs 2/ each.
(C) Amendment of the Memorandum and Articles of Association of the Company consequent to the reclassification of and further increase in the present authorized share capital of the Company.
2. Issue, offer and allotment, in the course of an offering to, or by way of private placement with eligible investors including Qualified Institutional Buyers under the Securities and Exchange Board of India Disclosure and Investor Protection Guidelines (whether or not such investors are members of the Company), by way of circulation of an offering circular, prospectus, placement document and / or such other documents, writings, circulars or memoranda, foreign currency convertible bonds / global depositary receipts, American Depositary Shares / equity shares of the Company, par value Rs 2 per share, up to an aggregate of Rs 12500 Crores, including any green shoe option in relation thereto (Securities), in one or more tranches and on such terms and conditions as may be decided and deemed appropriate by the authorised persons of the Board at the time of issue or allotment, at their sole discretion, in consultation with their advisors appointed in this regard.
The Company has convened an Extra-Ordinary General meeting of the shareholders of the Company on December 11, 2006 to approve the above decisions of the Board.
3. The Company has filed a shelf registration statement on Form F-3 with the US Securities and Exchange Commission relating to a proposed offering of American Depositary Shares, or ADSs.
4. Payment of interim dividend @ Rs 4 per share (face value Rs 2 each) to all the shareholders of the Company whose name appears on the Register of Members of the Company on the Record date.
5. To set up a project to enter into the commercial energy business in India. The first phase of this project involves the setting up a 2400 MW green field power plant in Jharsuguda, Orissa at a total cost of $1.9 billion. The power business will be operated through Sterlite Energy Ltd (SEL), a wholly owned subsidiary of the Company.
Sterlite Industries India Ltd has informed BSE that the members at the Extra-Ordinary General Meeting (EGM) of the Company held on December 11, 2006, inter alia, have accorded to the following:
1. Alteration in the Memorandum & Articles of Association of the Company.
2. Issue of Securities.
(As Per BSE Announcement Website Dated on 22/12/2006) |
| 20-Jan-04 |
| EGM 20/01/2004
1.To acquire by way of subscription, purchase or otherwise, equity shares or other securities in BALCO upto an amount not exceeding Rs 1200 crores
2.Resolved to approve the Vedanta Resources Shares Reward Plan
The company has informed that at the EGM held on 20.01.04 the shareholders approved as follows :
1. Investment in equity shares or other securities in Bharat Aluminium Company Ltd. upto an amount not exceeding Rs.1200 crores.
2. The Vedanta Resources Share Reward Plan as amended by the India Sub Plan.
3. The Vedanta Resources Long Term Incentive Plan as amended by the India Sub Plan.
4. Reclassification of the authorised share capital of the company and modification of MoA & AoA of the company.
5. Capitalisation of the share premium account for issue of Bonus shares.
(As per BSE Bulletin dated on 04/02/2004) |
| 20-Mar-03 |
| The Company has informed that a the EGM held on 20th March, 2003 the shareholders have approved subject to conformation of the High Court, the Share Premium Account of the Company be reduced, consequent to the scheme of arrangement between the Company and Sterlite Copper Ltd.
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