|
| Exchange Disseminated Time | | Kiri Industries Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company will be held on February 29, 2012, inter alia, to create, offer, issue and allot, including providing for reservation on firm and/ or competitive basis, of such part of issue and for such categories of persons, as may be permitted, in the course of one or more public or private offerings in domestic and/or one or more in international market(s) with or without a green shoe option. Equity Shares, and /or convertible securities other than warrants, and/or Non Convertible Debentures (NCDs) with warrants on Qualified Institutions Placements basis under SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 ("SEBI ICDR Regulations") and/ or Equity Shares through depository receipts, including American Depository Receipts (ADRs) and Global Depository Receipts (GDRs), and or convertible bonds including Foreign Currency Convertible Bonds(FCCBs), and/or other securities convertible into Equity Shares at the option of the Company and/or the holders(s) of such securities, and/or securities linked to Equity shares, including non-convertible debentures with warrants or other Securities with or without warrants, which may either be detachable or linked, and which warrant has a right exercisable by the warrant holder(s) to subscribe for Equity Share and/or warrants with an option exercisable by the warrant-holder(s) to subscribe for Equity Shares and/or any instruments or securities representing either Equity Shares and/or convertible securities linked to Equity Shares ranking pan passu with the existing equity shares of the Company (including the issue and allotment of Equity Shares pursuant to a Green Shoe Option, if any), ("Securities") to eligible investors, including Qualified Institutional Buyer, under applicable laws, regulations, and guidelines (whether residents and/or non-residents and/or institutions, banks, and/or incorporated bodies, mutual funds, venture capital funds and Indian and /or multi-lateral financial institutions and/or individuals and/or trustees and/or stabilizing agents or otherwise, and whether or not such investor are members of the Company), through prospectus and/or placement document and/or letter of offer or offering circular and/or on public and/or private/preferential placement basis, such issue and allotment to be made at such time/times, in one or more trenches, for cash, at such price or prices, in such manner and where necessary, in consultation with the Book Running Lead Manger(s), Merchant Banker(s) and/or other Advisor(s) or otherwise, on such terms and conditions including terms as to appointment of Lead Manger(s), Underwriter(s), Advisor(s), Guarantor(s), Depository(ies), Custodian(s), and/or other agencies, as the Board, if any, in its, absolute discretion, decide at the time of issue of Securities, provided that the total amount raised through the issuance of such Securities shall not exceed Rs. 300 Crores or its equivalent in one or more currencies, including premium, if any, as may be decided by the Board. |
|
|