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| Exchange Disseminated Time | Hathway Cable & Datacom Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 10, 2014, has approved, subject to the shareholders and other necessary approvals and compliance with applicable laws and regulations, the issuance of up to 47,00,000 fully paid-up equity shares of face value of Rs. 10 each (the Equity Shares) of the Company to the following investor (as per the list mentioned below ), at a price of Rs. 320/- per Equity Share aggregating to Rs. 150,40,00,000/- (Rupees One Hundred Fifty Crores Forty Lacs only) by way of a preferential allotment pursuant to the provisions of Section 42 and 62 (I)(c) of the Companies Act, 2013 and other applicable legal provisions, including but not limited to Chapter VII of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended (the Preferential Allotment);
Particulars: CLSA GLOBAL MARKET PTE LTD
Category: Foreign Institutional Investor
No. of Equity Shares to be allotted pursuant to the Preferential Allotment: 47,00,000
The approval of the shareholders for such issuance and allotment will be sought at an extraordinary general meeting to be held in this regard. |
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