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Exchange Disseminated Time | Himadri Chemicals & Industries Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on January 29, 2010, inter alia, have passed the following Resolutions:
1. Issue of 63,10,000 equity shares of Rs. 10/- each to Bain Capital India Investments at price of Rs. 400/- per stare on preferential basis in terms of Section 81(1A) of the Companies Act, 1956.
2. Increasing in ceiling limit on total holdings of FII / SEBI approved sub-account of Foreign Institutional investors from 24% to 49% of the paid up equity capital of the Company.
3. Amendments in Articles of Associations of the Company. |
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