Kaashyap Technologies Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on December 08, 2008, inter alia, have discussed and approved offer, issue, and allotment of Global Depository Receipts (GDRs) / American Depository Receipts (ADRs) / Foreign Currency Convertible Bonds (FCCBs) for an aggregate sum up to US $30 Million subject to approval of statutory and other authorities through Public Issue(s).
Private Placement(s), by way of cash or stock swap or towards acquisition of business on a back-to-back basis or a combination thereof at such time or times in such tranche or tranches at such price or prices at a discount or premium to market price or prices in such manner and on such terms and conditions as may be deemed appropriate by the Board at the time of such issue or allotment considering the prevailing market conditions and other relevant factors.
Private Placement(s), by way of cash or stock swap or towards acquisition of business on a back-to-back basis or a combination thereof at such time or times in such tranche or tranches at such price or prices at a discount or premium to market price or prices in such manner and on such terms and conditions as may be deemed appropriate by the Board at the time of such issue or allotment considering the prevailing market conditions and other relevant factors.
No comments:
Post a Comment