Infotrek Syscom Ltd has ………………………. BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on January 12, 2008, inter alia, to transact the following business………………………..
1. To create, offer, …………………………… and allot upto 25,00,000 warrants convertible into ……………………. shares on a preferential basis in one or more trenches and on such term and conditions as may be …………………….. appropriate by the Board, each such warrant provides the …………… to the ……………. to subscribe to one fully paid Equity Share of a face value of Rs 10/- at a …………………………… price of Rs 90/- (Rupees Ninety) (aggregating upto 25,00,000 Equity Share),…………………………. as per the ………………… guidelines issued by SEBI in this ……………………… and of this 10% will be payable at the time of ………………………… of the warrant and 90% will be payable at the ………………. of exercise of option of conversion of the …………………………………………….. and which shall be ………………………. in one or more trenches within 18 months from the …………………………. of issue of the said warrants but in case of First Online ………………………. Pvt Ltd., a ………………… controlled by the ……………………………., such that promoters …………………….. does not increase by more than 5% of Equity Share Capital in any financial year or as per the Guideline issued by SEBI from time to time.
i. Name of the Allottee: Bennett, Coleman & Co. Ltd, Mumbai
No of Warrants of Rs 90/- each: 6,00,000
ii. Name of the Allottee: First Online Comtrades Pvt Ltd (Promoter Group), Mumbai
No of Warrants of Rs 90/- each: 19,00,000
2. To form a subsidiary Company for ……………………………. of builders and ………………………………., erectors, constructors of Buildings, houses, apartments, ownership flats, structures of residential, office, Industrial, ………….., or commercial establishments or ………………….. of cooperative housing societies or of ……………………………… schemes and in particular preparing of building sites, constructing, re-constructing, erecting, altering, improving, enlarging, developing, decorating, holding , furnishing and ………………………………. of structures, flats, houses, factories, ………………………………………., offices, garages, warehouses, buildings, works, workshops, hospitals, nursing homes, clinics, Godowns, other commercial educational …………….. and conveniences, and to ………………………… and to invest the money stocks, shares, bonds, debentures, debenture stocks, obligations, notes and securities of any Governments Company, …………………………………., Municipal or Local or other Body or Authority & B…………………………..K Soni, Chairman & ………………………. ………………………….. of the Company be & is hereby authorized to take all necessary …………………………….., to sign all papers, documents, to obtain requisite approval & to do all acts & ……………………………………….. & things as may be required to be done for formation of new Company as a ………………………, subject to necessary provision and approvals.
Via : www.bseindia.com