| 22-Jun-10 |
| Videocon Industries Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the members of the Company will be held on June 22, 2010, inter alia, to transact the following Special Business:
1. To offer, issue and allot Equity Shares of the Company to Qualified Institutional Buyers (on a Qualified Institutional Placement ('QIP') basis, pursuant to and in accordance with the provisions of Chapter VIII of the SEBI (ICDR) Regulations, for cash, at such price or prices, in such manner and where required, in consultation with the merchant banker(s) and / or other advisor(s) or otherwise and on such terms and conditions as the Board may, in its sole and absolute discretion, decide at the time of issue of the Equity Shares, at such times and in one or more tranches, upto an amount not exceeding Rs. 1,000 Crores (Rupees One Thousand Crores only), subject to necessary provisions & approvals.
2. To create, issue, offer and allot Equity Shares and/or other equity linked or convertible financial instruments ('OFIs') in one or more tranches, whether denominated in rupee or foreign currency(ies), in the course of international and/or domestic offering(s) in one or more foreign market(s), for an amount not exceeding Rs. 1,000 Crores (Rupees One Thousand Crores only), inclusive of premium (including the Equity Shares issued upon conversion/exchange of OFIs and on exercise of warrants, if any) through a follow-on public offering ('FPO') to eligible investors, or through Global Depository Receipts ('GDRs'), American Depository Receipts ('ADRs'), Foreign Currency Convertible Bonds ('FCCBs'), any other Depository Receipt Mechanism convertible into Equity Shares (either at the option of the Company or the holders thereof) at a later date, any such instrument or security (Including Debentures or Bonds or Foreign Currency Convertible Bonds ('FCCBs')) being either with or without detachable warrants attached thereto entitling the warrant holder to apply for Equity Shares/instruments or securities including GDRs and ADRs representing Equity Shares ('Securities') or any combination of Equity Shares with or without premium, to be subscribed to in Indian and/ or any foreign currency(ies) by resident or non-resident / foreign investors (whether institutions and/or incorporated bodies and/or individuals and/or 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 through prospectus, offer document and/or other letter, placement document or circular ('Offer Document') and/or on private placement basis, from time to time in one or more tranches as may be deemed appropriate by the Board and such issue and allotment to be made on such occasion or occasions, at such value or values, at a discount or at a premium to the market price prevailing at the time of the issue and in such form and manner and on such terms and conditions or such modifications thereto as the Board may determine in consultation with the Lead Manager(s) and/or Underwriters and/or other Advisors, with authority to retain oversubscription upto such percentage as may be permitted by the Appropriate Authorities, 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 a premium on the 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 further 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 as the Board may in its absolute discretion think fit and decide in consultation with the Appropriate Authorities, the Merchant Banker(s) and/or Lead Manager(s) and/or Underwriter(s) and/or Advisor(s) and/or such other person(s), but without requiring any further approval or consent from the shareholders and also subject to the applicable regulations for the time being in force, subject to necessary provisions and approvals.
3. To issue, offer and allot, on preferential basis to IDBI Bank Ltd, ING Vysya Bank Ltd, Oriental Bank of Commerce Ltd, State Bank of Patiala and Life Insurance Corporation of India, Equity Shares for an aggregate amount not exceeding Rs. 161.00 Crores (Rupees One Hundred Sixty One Crores only), inclusive of premium, subject to necessary provisions and approvals.
4. Authority to the Board to:
(a). revise the minimum floor price for conversion price of the 5% Foreign Currency Convertible Bonds outstanding as on date, out of those issued pursuant to Offering Circular dated February 03, 2006 from Rs. 410.00 per Equity Share to the price which shall not be less than the average of the weekly high and low of the closing prices of the Equity Shares of the same class quoted on the stock exchange during the two weeks preceding the relevant date, with a fixed rate of exchange on conversion of Rs. 44.145 = US$1.
(b). revise the minimum floor price for conversion price of the 4.5% Foreign Currency Convertible Bonds outstanding as on date, out of those issued pursuant to Offering Circular dated August 09, 2006 from Rs. 410.00 per Equity Share to the price which shall not be less than the average of the weekly high and low of the closing prices of the Equity Shares of the same class quoted on the stock exchange during the two weeks preceding the relevant date, with a fixed rate of exchange on conversion of Rs. 46.318 = US$1.
5. To Approve and confirms re-appointment of Mr. Pradipkumar N. Dhoot as a Whole-time Director of the Company designated as President, subject to retirement by rotation for a period of five years from November 20, 2010 to November 19, 2015 on the terms and conditions, expressly the remuneration payable to him in case of absence of profits in any year, as set out in the draft agreement between the Company and Mr. Pradipkumar N. Dhoot, subject to necessary provisions and approvals.
Videocon Industries Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company was held on June 22, 2010 , inter alia, have accorded to the following:
1. Issue of Equity Shares on Qualified Institutional Placement (QIP) basis upto an amount not exceeding Rs. 1,000 Crores;
2. Issue, offer and allot Equity Shares and/or other equity linked financial instrument, in one or more tranches, for an amount not exceeding Rs. 1,000 Crores, inclusive of premium, through a follow-on public offering (FPO), Global Depository Receipts (GDRs), American Depository Receipts (ADRs), Foreign Currency Convertible Bonds (FCCBs) and any other Depository Receipt Mechanism;
3. Issue, offer and allot Equity Shares, on preferential basis, to IDBI Bank Ltd., ING Vysya Bank Ltd, Oriental Bank of Commerce Ltd, State Bank of Patiala., and Life Insurance Corporation of India for an aggregate sum not exceeding Rs. 161.00 Crores, inclusive of premium;
4. Revise the Minimum Floor Price for Conversion. Price of the 5% US$ 90 million and 4.5% US$ 105 million Foreign Currency Convertible Bonds (FCCBs);
5. Re-appointment of Shri. Pradipkumar N. Dhoot as Wholetime Director of the Company for the period of five years from November 20, 2010 to November 19, 2015.
(As Per BSE Announcement Dated on 22.06.2010) |
| 30-Nov-09 |
| Videocon Industries Limited has submitted with the Exchange a copy of Notice of EGM of the members of the Company scheduled to be held on November 30, 2009 to seek approval under sections 81 (1A) of the Companies Act, 1956, for issue of equity shares on preferential basis.
Videocon Industries Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the members of the Company will be held on November 30, 2009, inter alia, to issue, offer and allot, on preferential basis, to Infotel Telecom Infrastructure Pvt Ltd, Equity Shares for an aggregate amount not exceeding Rs. 45,00,00,000/- (Rupees Forty Five Crores only), inclusive of premium, in such manner and at such price as the Board may determine, subject to necessary provisions & approvals.
(As Per BSE Announcement Website dated on 10.11.2009)
Videocon Industries Ltd has informed BSE that the Members at the Extra-Ordinary General Meeting (EGM) of the Company held on November 30, 2009, inter alia, have passed a Special Resolution authorizing the Board of Directors of the Company to issue, offer and allot Equity Shares, on preferential basis, for an aggregate amount not exceeding Rs 45,00,00,000/- (Rupees Forty Five Crores Only) inclusive of premium, as detailed in the Notice.
(As Per BSE Announcement Website dated on 01.12.2009)
Videocon Industries Ltd has informed BSE that in terms of the resolution passed by the members of the Company at the Extra Ordinary General Meeting held on November 30, 2009, the Shareholders Committee of the Board of Directors, at their meeting held on December 09, 2009, have approved issue and allotment of 18,58,275 equity shares, on preferential basis, at a price of Rs. 242.16 per equity share, being the price determined in terms of Regulation 76(1) of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009.
(As Per BSE Announcement Dated on 09/12/2009) |
| 18-Dec-06 |
| Videocon Industries Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the Company will be held on December 18, 2006, to consider and pass a resolution authorizing the Board of Directors to issues offer and allot equity shares or securities other than warrants which are convertible into or exchangeable with equity shares under Qualified Institutional Placement i.e., QIP Guidelines, for an amount not exceeding Rs 1,500 Crores. This is in supersession of the resolution passed on June 26, 2006 at an Extra Ordinary General Meeting of members.
Videocon Industries Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on December 18, 2006 have passed a Special Resolution authorizing the Board of Directors of the Company to issue, offer and allot equity shares or securities other than warrants which are convertible into or exchangeable with equity shares under Qualified Institutional Placement i.e., QIP Guidelines, for an amount not exceeding INR 1,500 Crores.
(As Per BSE Announcement Dated on 18/12/2006) |
| 26-Jun-06 |
| EGM 26/06/2006
to seek approval in terms of Section 81(1A) of the Companies Act, 1956, from members of the
Company for placement of equity shares or securities other than warrants which are convertible into or exchangeable with equity shares under the recent guidelines issued by the
Securities Exchange Board of India, dated May 08, 2006 for "Qualified Institutional Placement."
EGM 26/06/2006
interalia
1. To seek approval in terms of Section 81(1A) of the Companies Act, 1956, from members of the Company for placement of equity shares or securities other than warrants which are convertible into or exchangeable with equity shares under the recent guidelines issued by
the Securities Exchange Board of India, dated May 08, 2006 for "Qualified Institutional Placement."
2. To borrow from time to time any sum or sums of money on such terms and conditions and with or without security as the Board of Directors may think fit which, together with the moneys already borrowed by the Company (apart from temporary loans obtained or to be obtained from the Company bankers in the ordinary course of business) may exceed the aggregate for the time being of the paid up capital of the Company and its free reserves, that is to say, reserves not set apart for any specific purpose, provided that the total amount of money / moneys so borrowed by the Board shall not at any point of time exceed the limit of
Rs 2,00,000 million.
3. To issue, offer and allot with or without an over allotment / green shoe option in one or
more tranche(s), equity shares or securities other than warrants which are convertible into or
exchangeable with equity shares ("Securities") to any eligible investor, including with or without limitation the Qualified Institutional Buyers (QIBs) as defined under sub-clause (v) of
clause 2.2.2B of the SEBI (DIP) Guidelines, for an aggregate sum not exceeding Rs 50,000 million as the Board in its sole discretion may at any time or times hereafter decide (including the issue and allotment of equity shares pursuant to an over the allotment / green shoe option, if any).
(As Per BSE Bulletin Dated On 07/06/2006)
Videocon Industries Limited has informed the Exchange that the Shareholders of the
Company at the EGM held on June 26,2006, passed the following resolution(s): 1) In terms of Section 81 (1A) of the Companies Act, 1956, for placement of equity shares or securities other than warrants which are convertible into or exchangeable with equity shares under the recent guidelines issued by the Securities Exchange Board of India, dt. May 08,2006 for "Qualified Institutional Placement" for an aggregate sum not exceeding Rs. 5,000 Crores. 2) In terms of Section 293(1)(d) of the Companies Act, 1956, for authorizing Board of Directors of the Company to borrow money from time to time, as the Board may think fit, which may exceed the aggregate for the time being of the paid up capital of the company and its free reserves. Provided that the money so borrowed by the Board shall not at any point of time exceed Rs.20,000 Crores (Rupees Twenty Thousand Crores only).
(As per NSE Bulletin dated on 27/06/2006) |
| 29-Aug-05 |
| EGM 29/08/2005
To consider:
1. Authority to the Board to issue and allot equity shares on preferential basis for an
aggregate sum not exceeding Rs 1000 million, inclusive of premium, to Bennett Coleman &
Company Ltd in one or more tranches as may be decided by the board at its discretion, in
such manner and at such time as Board determines.
2. Authority to the Board to issue Global Depository Receipts and / or Foreign Currency
Convertible Bonds and / or Equity shares through Prospectus/Letter of offer or Circular and
/or on Private Placement basis or on preferential basis or on rights basis or any combination
thereof ("Securities") for an aggregate sum not exceeding Rs 49,000 million in one or more
tranches, inclusive of Premium, if any, as may be decided / agreed to by the Board at their
discretion, to such person / persons in such manner and at such time as Board determines.
3. Appointment of Shri Venugopal N Dhoot, Additional Director, as Director of the Company,
not liable to retire by rotation.
The company has informed that the members at the Extraordinary General Meeting (EGM) of the Company held on August 29, 2005, inter alia, have accorded to the following:
1. Authority to the Board to issue Global Depository Receipts and / or Foreign Currency Convertible Bonds and / or Equity Shares through Prospectus / Letter of offer or Circular and / or on Private Placement basis or on Preferential
basis or on Rights basis or any combination thereof ("Securities") for an aggregate sum not exceeding Rs 49000 million in one or more tranches, inclusive of Premium, if any, as may be decided / agreed to by the Board at their discretion, to such person / persons in such manner and at such time as Board may determine.
2. Authority to the Board to issue and allot Equity Shares on preferential basis for an aggregate sum not exceeding Rs 1000 million, inclusive of premium, to Bennett Coleman & Company Ltd in one or more tranches as may be decided /
agreed to by the Board at its discretion, in such manner and at such time as Board may determine.
(As per BSE Bulletin dated on 09/09/2005) |