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Agenda for board meeting of La Tim Metal & Industries

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Capital Market
Last Updated : Dec 30 2016 | 12:01 AM IST

To be held on 04 January 2017

La Tim Metal & Industries announced that a meeting of the Board of Directors of the Company will be held on 04 January 2017, inter alia, to consider and take on record the following matters:

1. To finalize the Proposed Allottees for Preferential Issue of 40,00,000 Convertible Warrants of Rs. 10/- each to Promoters/ Promoter Group and Non Promoters towards raising of additional capital by the Company pursuant to Section 62 of the Companies Act, 2013 and as per the SEBI (Issue of Capital and Disclosure Requirement) Regulation, 2009.

2. To acquire shares of La Tim Sourcing (India), a Company incorporated under the Companies Act, 1956 and having its registered office at 201, Navkar Plaza, Bajaj Road, Vile Parle (West), Mumbai 400056 to make 100% subsidiary.

3. To adopt and approve the Draft Notice of Extra Ordinary General Meeting of the Company.

4. To fix the day, date, time and venue of Extra Ordinary General Meeting of the Company.

5. To appoint Scrutinizer for conducting E- voting process for Extra Ordinary General Meeting.

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First Published: Dec 29 2016 | 5:38 PM IST

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