Infinite Computer Solutions India Ltd
INFINITE

213.40

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214.15

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Period From
Period To
Purpose AGM Date Announcement Date Book Closure Start Date Book Closure End Date
Board Meeting - 13-Sep-2017 - -
Bonus issue Board meeting on Sep 14, 2017 to consider issue of bonus shares with an exception to promoter and promoter group to attain minimum public holding, subject to approval of shareholders through Postal Ballot. (As Per BSE Announcement Dated On 11/09/2017) Outcome of the Board meeting held today i.e, September 14, 2017 is attached (As Per BSE Announcement Dated On 14/09/2017)
Board Meeting - 27-Jul-2017 - -
Pursuant to Regulation 29 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, notice is hereby given that a meeting of the Board of Directors is scheduled to be held on Monday, August 14, 2017, to inter-alia, consider and approve the Audited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30, 2017. Further, the Trading Window, as per the Companys code for Prevention of Insider Trading, will remain closed from July 31, 2017 to August 16, 2017.
Board Meeting - 05-May-2017 - -
Pursuant to Regulation 29 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, notice is hereby given that a meeting of the Board of Directors of the Company is scheduled to be held on Tuesday, May 23, 2017, to inter-alia, consider and approve the Audited Standalone and Consolidated Financial Results of the Company for the quarter and year ended March 31, 2017. Further, the Trading Window, as per the Companys code for Prevention of Insider Trading, will remain closed from May 08, 2017 till May 25, 2017
Board Meeting - 27-Jan-2017 - -
Infinite Computer Solutions (India) Ltd has informed BSE that a meeting of the Board of Directors of the Company is scheduled to be held on February 14, 2017, inter alia, to consider and approve the Audited Standalone and Consolidated Financial Results of the Company for the quarter and nine months ended December 31, 2016. Further, the Trading Window, as per the Companys code for Prevention of Insider Trading, will remain closed from January 30, 2017 till February 16, 2017.
Board Meeting - 05-Dec-2016 - -
With reference to the proposed Buyback offer of equity shares by the Company approved in its Board Meeting held on October 12, 2016, subject to approval of the members of the Company through Postal Ballot, results of which will be declared on December 09, 2016. In this regard, Infinite Computer Solutions (India) Ltd has now informed BSE that a meeting of the Board of Directors of the Company will be held on December 09, 2016 to consider approving the (i) Record Date, to determine the names of the eligible shareholders from whom the shares will be bought back under the offer on proportionate basis; and (ii) Final Buyback price, number of shares to be bought back and the Offer Size for the Buyback. Infinite Computer Solutions (India) Ltd has informed BSE that the Board of Directors of the Company at their meeting held on December 09, 2016, inter-alia approved the following: 1. Rs.265/- (Rupees Two Hundred Sixty Five Only) per share of face value Rs.10/- each as the final Buyback Price and the total number of equity shares to be bought back under the Buyback Offer would be 5,660,000 Fully Paid-up equity shares, representing 14.62% of the total Paid-up equity share capital of the company. 2. Rs. 149.99 Crores (Rupees One Hundred Forty Nine Crores and Ninety Nine lacs Only) as the size of Buyback Offer, excluding transaction cost, viz., brokerage, applicable taxes such as securities transaction tax, service tax, stamp duty, etc., cost for the intermediaries appointed for the Buyback and other incidental costs, which is 24.77% of the Paid-up equity share capital and free reserves of the company for the Financial Year ended March 31, 2016. (As Per BSE Announcement Dated on 10.12.2016)
Board Meeting - 07-Nov-2016 - -
Infinite Computer Solutions (India) Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on November 14, 2016, inter alia, to consider and approve the Audited Standalone and Consolidated Financial Results of the Company for the quarter ended September 30, 2016. Further, the Trading Window, as per the Companys Code for Prevention of Insider Trading, shall remain closed till November 16, 2016.
Board Meeting - 09-Oct-2016 - -
Infinite Computer Solutions (India) Ltd has informed BSE that with reference to the proposed Buyback offer of equity shares by the Company approved in its Board Meeting held on August 24, 2016 and the approval of the members of the Company accorded through special resolution passed through Postal Ballot on October 08, 2016. Further, the Company has received requests from its Directors to convene a meeting of the Board of Directors of the Company for deciding on the price for the Buyback and accordingly no decision has been taken by the Board through circulation on the price and the record date. In this regard, the Company informed that a meeting of the Board is proposed to be held on October 12, 2016 to consider: 1. Certain clarifications/ additional disclosures, 2. A discussion on upward revision of the price for the proposed Buyback of Equity Shares. Infinite Computer Solutions (India) Ltd has informed BSE that in reference to the proposed Buyback offer of equity shares by the Company approved in its Board Meeting held on August 24, 2016 and the approval of the members of the Company accorded through special resolution passed through Postal Ballot on October 08, 2016. In this regard, the Board of Directors of the Company at its meeting held on October 12, 2016, approved, subject to the approval of the regulatory authorities, shareholders, Companies Act, 2013, the Securities and Exchange Board of India (Buyback of Securities) Regulations, 1998, as amended (SEBI Buyback Regulations) and such applicable Acts or Rules including amendments, if any, a Buyback of Equity Shares of face value Rs. 10 each of the Company at a Buyback price not exceeding Rs. 270/- (Rupees Two Hundred Seventy only) per Equity Share (Buyback Price) for a total consideration aggregating upto Rs. 1,50,00,00,000 (Rupees One Hundred Fifty Crores Only) (Buyback Offer Size), from the existing shareholders of the Company on the record date to be determined on proportionate basis through the Tender Offer route as prescribed under the SEBI Buyback Regulations. The Buyback Offer Size represents 24.77% of the Paid- up share capital and free reserves of the Company as on March 31, 2016. The Board also noted the intention of the Promoter Group of the Company to participate in the proposed Buyback. Further, the Board has withdrawn the earlier buyback, approved by the Board on August 24, 2016 and the shareholders on October 8, 2016 and will seek fresh approval of the shareholders through Postal Ballot for the revised Buyback offer. (As Per BSE Announcement Dated on 13.10.2016) With reference to the proposed Buyback offer of equity shares by the Company approved in its Board Meeting held on October 12, 2016, subject to approval of the members of the Company through Postal Ballot, results of which will be declared on December 09, 2016. In this regard, Infinite Computer Solutions (India) Ltd has now informed BSE that a meeting of the Board of Directors of the Company will be held on December 09, 2016 to consider approving the (i) Record Date, to determine the names of the eligible shareholders from whom the shares will be bought back under the offer on proportionate basis; and (ii) Final Buyback price, number of shares to be bought back and the Offer Size for the Buyback. (As Per BSE Announcement Dated on 05.12.2016)