|
| Exchange Disseminated Time | Jay Shree Tea & Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 14, 2010, to consider the following:
1. Raise funds for expansion/ acquisition in foreign currency through issue of Global Depository Receipts (GDRs) and / or American Depository Receipts (ADRs) convertible into Equity Shares, Qualified Institutions Placement, Foreign Currency Convertible Bonds (FCCBs) or Warrants convertible into depository receipts with underlying Equity Shares / Equity Shares (“Securities”);
2. Raise the FII Investment limit in the Company, subject to approval of the shareholders;
3. Raise the Borrowing Limits and permit the Company to create charge on the assets of the Company to secure such borrowings; and
4. Convene an Extra Ordinary General Meeting of the members of the Company on November 09, 2010 for obtaining the authority / approval of the members of the Company to issue the Securities, raise the FII limits. |
|
|