|
| Exchange Disseminated Time | Cubex Tubings Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 30, 2011, inter alia, have transacted the following:
1. Considered and recommended the names of Director of the Company whose office is liable to retire by rotation and being eligible offer himself for re-appointment.
2. Recommended the name of retiring auditors for re-appointment
3. Increase in Aurhorised share capital from Rs. 10 Crs. 10 Rs. 25 Crs.
4. Issue upto 1,25,91,600 (One Crore Twenty Five Lakh Ninety one Thousand and Six Hundred only) warrants carrying a right to subscribe to equal number of equity shares of Rs. 10/- each at such price determined in accordance with the SEBI (Issue of Capital Disclosure Requirements) Regulations, 2009.
5. Approved to conduct the postal ballot for the purpose of obtaining the consent of the members of the Company under section 293(1)(a) of the companies Act, 1956.
6. Authorisation to Mr. P. R. Bhandari, Managing Director of the Company to take all necessary steps in connection with the process of postal ballot.
7. Appointed Scrutiniser to receive and scrutinise the complete ballot papers from the members of the Company.
8. Approved the draft notice of Postal Ballot and authorize Mr. P. R. Bhandari, Managing Director of the Company to issue such notices to the members. |
|
|