Geojit Financial Services Ltd has informed that the members of the Company by way of Postal Ballot have passed the Ordinary Resolution for issue and allotment of upto 2,28,26,300 (Two Crore Twenty Eight Lakh Twenty Six Thousand Three Hundred) equity shares, by the Company, to BNP Paribas S.A. (BNP), upon BNP exercising its right to convert warrants aggregating to 2,28,26,300 (Two Crore Twenty Eight Lakh Twenty Six Thousand Three Hundred) (each a Warrant) issued by the Company to BNP on March 13, 2007 with right of conversion to be exercised, by BNP any time either during the offer period (as defined in the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997) or at any time not later than March 12, 2009 (Extended Warrants Exercise Date), with requisite majority.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment