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| Exchange Disseminated Time | Media Matrix Worldwide Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 07, 2012 has converted 2,00,00,000 (Two Crore) Optionally Fully Convertible Debentures (OFCDs) of Rs. 3.47/- each into 2,00,00,000 (Two Crore) Equity Shares of Re. 1/- each at a premium of Rs. 2.47 per share as per the terms of issue of OFCDs.
Therefore, the issued, subscribed and paid-up capital of the Company has now been increased by 2,00,00,000 (Two Crore) equity shares and stands at 10,08,65,000 (Ten Crore Eight Lakh Sixty Five Thousand) equity shares of the face value of Re. 1/- each.
Further the Company has informed that, M/s. N. S. Bhatt & Associates, Chartered Accountants one of joint Statutory Auditors of the Company has ceased to be the Statutory Auditors of the Company due to their resignation. M/s. Khandelwal Jain & Company, Chartered Accountants will continue to be the Statutory Auditors of the Company. |
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