Teledata Informatics - EGM on Mar 19, 2008
Teledata Informatics Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on March 19, 2008, inter alia, to transact the following business:
- Authority to the Board to create, offer, issue and allot in one or more tranches to Qualified Institutional Buyers (”QIBs”) as defined Under Chapter XIII A of DIP Guidelines whether shareholders of the Company or not, equity shares under the Qualified Institutional Placement guidelines (”QIP”) and / or any shares / securities / warrants convertible into equity shares at the option of the Company and / or holder(s) of the Securities and / or securities linked to equity shares and / or securities with warrants or any securities other than warrants, which are convertible or exchangeable with equity shares at a later date with or without an over allotment option, or a combination of the foregoing (”Securities”) secured or unsecured whether listed on any stock exchange in India or unlisted, through a placement document and / or an offer document and / or prospectus and / or offer letter and / or offering circular and / or information memorandum, and / or listing particulars, as the Board in its sole discretion may at any time or times hereinafter decide provided that the total issue size, whether issued in a single tranche or multiple tranches does not exceed Rs 500 crores in total, subject to necessary provisions and approvals.
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