|
| Exchange Disseminated Time | PVP Ventures Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on January 22, 2011, to convert 27,355 Fully Convertible Debentures of Rs. 1,00,000/- each held by Platex Ltd into 13,409,314 equity shares of Rs. 10 each credited as fully paid up (at conversion price of Rs. 204 per share), in accordance and compliance with the Clause 4.1.2(ii) read with 4.2.1 of the Scheme of Amalgamation between erstwhile PVP Ventures Pvt Ltd and the Company which was approved by the shareholders of the Company in the Court convened meeting on March 15, 2008 and sanctioned by the Hon'ble High Court of Madras at Chennai vide its order dated April 25, 2008 in the Company Petition No. 90 of 2008.
Further the Company has informed that, in the same meeting the Board Meeting also consider and approve the Standalone Unaudited Financial Results for the quarter and nine months ended December 31, 2010. |
|
|