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Orbit Exports to hold board meeting

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Capital Market
Last Updated : Mar 14 2014 | 12:02 AM IST

On 20 March 2014

Orbit Exports will hold a board meeting on 20 March 2014, inter alia, to transact the following business:

To allot 1,50,000 equity shares of Rs 10 each at an issue price of Rs 76.57 per share (including premium @ Rs 66.57 per share) to the following holders holding 1,50,000 optionally fully convertible warrants (OFCWs) of Rs 76.57 each in aggregate upon exercise of option to convert each OFCW into 1 equity share of the company.

To allot 75,000 equity shares of Rs 10 each to Pankaj Seth at an issue price of Rs 76.57 per share (including premium @ Rs. 66.57 per share) upon exercise of option to convert 75,000 OFCWs of Rs 76.57 each .

To allot 75,000 equity shares of Rs 10 each to Anisha Seth at an Issue Price of Rs 76.57 per Share (including premium @ Rs 66.57 per share) upon exercise of option to convert 75,000 OFCWS of Rs 76.57 each.

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First Published: Mar 13 2014 | 8:00 PM IST

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