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Exchange Disseminated Time | Kavveri Telecom Products Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 02, 2011, inter alia, to transact the following businesses:
1. Raising of additional funds by way of issue of QIP/ FCCB/ ADR/GDR or through any other mode of securities, subject to approval of the shareholders of the company and other regulatory authorities.
2. To consider and approve allotment of 20,00,000 equity shares - pursuant to conversion of warrants issued under preferential basis - to non-promoters.
3. To consider and approve allotment of 8,00,000 equity shares - pursuant to conversion of warrants issued under preferential basis - to promoters. |
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