Infotrek Syscom - Board Meeting on Apr 10, 2008
Infotrek Syscom Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on April 10, 2008, inter alia, for the following business:
1. Conversion of 600,000 warrants to Bennett, Coleman & Co. Ltd in to Equity Shares
@ Rs 90 per share as per the terms of the issue of warrants as approved by the General Body in its meeting dated January 12, 2008.
2. Ratification of allotment of 19,00,000 warrants to First On Line Comtrades Pvt Ltd as per the terms of the preferential issue as approved by the General Body in its meeting held on January 12, 2008.
3. To take on record the Memorandum of Understanding signed by the Company with the Madhya Pradesh Trade and Investment Facilitation Corporation Ltd (TRIFAC), a wholly owned Undertaking of Govt. of Madhya Pradesh for setting up recycling plants in Madhya Pradesh for plastic & electronic waste.
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