|
| Exchange Disseminated Time | Global Offshore Services Ltd has informed BSE that at the Extra Ordinary General Meeting (EGM) of the members of the Company held on August 08, 2011, the following items pertaining to Special Resolutions were unanimously approved by the Shareholders authorizing the Board of Directors to :
1. Issue and allot 4,40,000 Equity Shares of Rs. 10/- each ("Preferential Shares") to Corporations Acting in Concert with Promoters at a price of Rs. 121/- per share (face value of Rs. 10/- each and premium of Rs. 111/- per share) payable in cash.
2. Issue and allot 4,69,700 Warrants ("Warrants") to the Promoters (including Group of the Promoter Companies and Key Management Persons), entitling the Warrant holders to exercise an option to subscribe to 4,69,700 equity shares of the Company of Rs. 10/- each ("Allotted Equity Shares"), which shares shall equal to the number of Warrants that may be allotted to them, for cash at a price of Rs. 121/- per share (face value of Rs. 10/- each and premium of Rs. 111/- per share). |
|
|