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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