Held on 10 September 2014
CMI announced that the Board of Directors of the Company at its meeting held on 10 September 2014, Subject to approval of shareholders through postal ballot, the Board has decided / approved the following matter:- Issue of 18,00,000 Equity Shares having face value of Rs. 10/- each, on preferential basis, to Non promoters and 15,00,000 Warrants convertible into equal number of equity shares of Rs. 10 /- each to the promoters and the relevant date on which price is to be calculated shall be determined in accordance with Chapter VII of the SEBI (ICDR) Regulations, 2009.
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