Corporate Announcement
Security Code : 532795    Company : SITINET    
 
Outcome of Board Meeting 
  Exchange Disseminated Time     
Siti Cable Network Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 04, 2015, inter, alia, has:

1. Allotted 77,840 fully paid up equity shares of Re.1/- each to 1 employee of the Company consequent on exercise of Stock Options granted by the Company under its Employee Stock Options Scheme 2007.

2. Approved the Postal Ballot notice inter alia for seeking consent of the shareholders to authorize the Board of Directors, pursuant to Section 180(c) of the Companies Act, 2013 to borrow up to Rs. 2500 Crores.
 

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