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BSE
10-Mar-2010 |
Ace India Ltd has informed BSE that the members of the Company will consider to approve by way of Postal Ballot the following
Resolutions as under: 1. For change in control of management of the Company by transfer of absolute control of management
and affairs of the Company to Mr. Sushil Aggarwal and Mr. Gajanand Gupta to have control over the affairs and management of
the Company, in replacement of the present Promoters having control over the management and affairs of the Company, subject
to necessary provisions & approvals. 2. To appoint Mr. Sushil Aggarwal & Mr. Gajanand Gupta as Directors of the Company,
liable to retirement by rotation. 3. To alter the Clause III of the Memorandum of Association of the Company. 4. To adopt
sub-clause numbers 53, 54 and 75 to 92 of Clause III-C (Other Objects Clause) of the Memorandum of Association of the Company
and to commence and carry on all or any one or more of the businesses and activities as mentioned in these sub-clauses. The
Company has appointed Mr. Amit Verma, Practicing Company Secretary as the Scrutinizer for conducting the Postal Ballot
process in a fair and transparent manner. The Postal Ballot form duly completed should reach the scrutinizer on or before
the close of working hours on April 01, 2010. The scrutinizer will submit his report to the Chairman after completion of the
scrutiny and the results of the postal ballot will be declared on April 02, 2010.
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BSE
10-Mar-2010 |
Ace India Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on
March 26, 2010, inter alia, to transact the following: 1. For change in control of management of the Company by transfer of
absolute control of management and affairs of the Company to Mr. Sushil Aggarwal and Mr. Gajanand Gupta to have control over
the affairs and management of the Company, in replacement of the present Promoters having control over the management and
affairs of the Company. 2. Appointed Mr. Sushil Aggarwal as a Director of the Company whose office shall be liable for
determination through retirement by rotation. 3. Appointed Mr. Gajanand Gupta, as a Director of the Company whose office
shall be liable for determination through retirement by rotation. 4. To create, issue and allot up to 2,00,00,000 (two
crores) convertible warrants with an entitlement to convert into/exchange with, at the option of the warrant holder(s)
(hereinafter referred to as the convertible warrants), equal number of Equity Shares of a face value of Rs 10 each the
Company, at par (i.e., at a price of Rs 10 per share), in one or more tranches, within a period of eighteen months from the
date of issue, by way of preferential allotment to various strategic investors, as per the terms and conditions given in the
Explanatory Statement annexed to this notice, which, inter alia, include: a. Issue of upto 2,00,00,000 Convertible Warrants
to the following strategic investors of the company with an entitlement to convert into/exchange with the equal number of
Equity Shares of the Company, in one or more tranches, at the option of the warrant holder(s), within a period of 18 months
from the date of issue of such Convertible Warrants. 5. Altered by canceling 20,00,000 Redeemable Preference Shares of Rs.
10 each aggregating to Rs. 2,00,00,000 (Rupees two Crores only) which, at the date of passing of this resolution lying
un-issued in the authorized share capital and have not been taken or agreed to be taken by any person be and are hereby
cancelled and 20,00,000 Equity Shares of Rs. 10 aggregating to Rs. 2,00,00,000 (Rupees two crores only) be and are hereby
created in place of Preference Shares so cancelled. RESOLVED FURTHER THAT Clause V of the Memorandum of Association of the
Company be substituted with the following new clause: V. The Authorised Share Capital of the Company is Rs. 10,00,00,000
(Rupees ten crores only) divided into 1,00,00,000 (one crore) Equity Shares of Rs. 10 (Rupees ten) each aggregating to Rs
10,00,00,000 (Rupees ten crores only). RESOLVED FURTHER THAT substituted Article No. 3 of the Articles of Association of the
Company with new Article 6. To increase the existing Authorised Share Capital of the Company from Rs. 10,00,00,000 (Rupees
ten crores only) to Rs. 25,00,00,000 (Rupees twenty five crores only) by creation of another 1,50,00,000 (one crores fifty
lacs) equity shares of Rs. 10 (Rupees ten only) each aggregating to Rs 15,00,00,000 (Rupees fifteen crores only). RESOLVED
FURTHER THAT the existing Clause V of the Memorandum of Association of the Company be and is hereby deleted and substituted
with the following new clause: V. The Authorised Share Capital of the Company is Rs 25,00,00,000 (Rupees twenty five crore
only) divided into 2,50,00,000 (two crore fifty lacs) Equity Shares of Rs 10/- (Rupees Ten only) each. RESOLVED FURTHER THAT
the Board of Directors of the Company be and is hereby authorised to take all necessary steps that may be required to give
effect to the aforesaid resolution." 7. Appointed M/s. PVRN & Co., Chartered Accountants as Statutory Auditor of the Company
to hold office until the conclusion of next Annual General Meeting of the Company.
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BSE
10-Mar-2010 |
Adinath Exim Resources Ltd has informed BSE that the Company had applied for Voluntary delisting of its Shares at Ahmedabad
Stock Exchange (ASE) (due to non-trading), for which, the Company has got the approval and this will be effective from March
09, 2010.
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BSE
10-Mar-2010 |
Aksh Optifibre Ltd has informed BSE that the Board of Directors of the Company has allotted 985,033 equity shares on March
05, 2010, upon conversion of FCCBs aggregating USD 1.5 Mn, out of FCCBs aggregating to US$20 Mn issued pursuant to Offering
Circular dated January 08, 2008.
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BSE
10-Mar-2010 |
Allsec Technologies Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on
March 08, 2010, inter alia, have accorded the following: 1. Re-appointment of Mr. A. Saravanan as whole time director for a
further period of 3 years with effect from April 01, 2010 and payment of remuneration for the re-appointed period of April
01, 2010 to March 03, 2013, on necessary terms & conditions. 2. Re-appointment of Mr. R. Jagadish as whole time director for
a further period of 3 years with effect from April 01, 2010 and payment of remuneration for the re-appointed period of April
01, 2010 to March 03, 2013, on necessary terms & conditions.
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