|
| Exchange Disseminated Time | Ind-Swift Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 08, 2012, inter alia, has approved the following:
1. Allotted 40,00,000 equity shares (par value Rs. 2/- each) to the Promoter Group entities upon conversion of 40,00,000 Zero Coupon Optionally Convertible Warrants (2010 Series) at a price of Rs. 40/- per share.
2. Co-Opted Sh. S. P. Sharma, Nominee of IFCI, as Nominee Director on the Board of Director of the Company.
3. Accepted the resignation of Sh. N. D. Aggarwal and Smt. Nirmal Aggarwal from the Board of Director of the Company. |
|
|