Held on 21 August 2018
The Board of La Tim Metal & Industries at its meeting held on 21 August 2018 has approved the following -1.Allotment of 23,88,055 Equity Shares of Rs 10/- each at a premium of Rs 25/- each to Promoter/Promoter Group and Non Promoters and 2,49,000 Compulsory Convertible Preference Shares (CCPSs) of Rs 10/- each at a premium of Rs 25/- to Promoter/Promoter Group on Preferential Allotment basis for consideration other than cash through Resolution passed in the Annual General Meeting on 13 August 2018pursuant to the provisions of Section 62 and other applicable provisions of The Companies Act, 2013 for which In Principle approval has been received from BSE Limited vide letter dated 13 August 2018.
2.Allotment of 10,66,875 Equity Shares of Rs 10/- each pursuant to conversion of warrants allotted on Preferential basis at a premium of Rs 10/- each to Promoter/Promoter Group through Resolution passed in the Extra Ordinary General Meeting held on 10 February 2017 & allotment of Convertible Warrants on 23 February 2017.
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