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| Exchange Disseminated Time | | Sanwaria Agro Oils Ltd has informed BSE that the agenda of the forthcoming Extra Ordinary General meeting (EGM) which is going to be held on April 22, 2010 is revised. Notice of EGM with revised Agenda is being issued separately. Apart from raising Rs. 35 crores by way of Preferential Issue the company is also going for fund raising of Rs. 200 crores by way of Qualified Institutional Placement (QIP) in terms of Chapter VIII of the Securities and Exchange Board of India (Issue of Capital & Disclosure Requirements) Regulations, 2009 (ICDR Regulations) or through public issue, rights issue and/or private offerings in domestic and/or one or more international market(s), whether by way of direct issue of equity shares or through depository receipts, whether GDR/ADR/FCCB (FCCBs) by way of an issue of securities from time to time in one or more trenches. However the said fund raising of Rs. 200 crores has already been approved by the Board in its meeting held on December 12, 2009 and shareholders in its meeting held on December 24, 2009 but to truly reflect the current market position the said issue is again to be discussed / placed before the shareholders for their approval in the forthcoming EGM. |
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