|
| Exchange Disseminated Time | Mudra Lifestyle Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 04, 2012, inter alia, has approved the following :
1. The Board approved the shifting of the Registered Office of the Company within the local limits of the City i.e. from 5129-41, D-Wing, 5th Floor, Oberoi Garden Estate, Mumbai - 400072 to 3026, A-Wing, 3rd Floor, Oberoi Garden Estate, Mumbai -400072.
2. The Board considered and approved the draft notice of the Postal Ballot for availing of consent of the Shareholders by way of postal ballot for the following :
- Reclassification of 12 Crores of Additional Authorised Equity Share Capital into Preference Share Capital
- Increase in Authorised Share Capital by Rs. 188 Crores
- Issuance and Allotment of Non Convertible Redeemable Preference Shares upto Rs. 200 Crores
- Increase in Borrowing Limits pursuant to Section 293 (I)(d) of the Companies Act, 1956
- Authorizing Restructuring of Debts of the Company conversion of Loan into Equity.
3. The Board approved the Schedule of Event of Postal ballot and appointment of Mr. Sachin Manseta & Associates as the Scrutinizer for carrying out the postal ballot process. The Board further approved the cutoff date for ascertaining the list of shareholders who shall be eligible to receive the postal ballot notice and to vote.
4. The Board noted and taken on record the resignation of Mr. Mrithyunjay Amblimath as Independent Director of the Company with effect from August 04, 2012. |
|
|