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| Exchange Disseminated Time | Kanani Industries Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on April 21, 2008, inter alia, to transact the following business:
1. To offer, issue and allot on preferential basis up to 12,50,000 (Twelve lakhs fifty Thousand only) Equity Shares of face value of Rs 10/- each at price not less than Rs 35.00 per share (including a premium of Rs 25.00 per share), being the price which is to be in accordance with the Guidelines for Preferential Issue contained in Chapter XIII of the SEBI (Disclosure & Investor Protection) Guidelines, 2000 as amended, to the persons mentioned below on a preferential allotment basis:
i. Harshil Premjibhai Kanani (Promoters)
No of Equity Shares proposed to be allotted: 935,000
ii. Anil Bhikhabhai Virani (Non-Promoters)
No of Equity Shares proposed to be allotted: 37,000
iii. Kishor B Virani (Non-Promoters)
No of Equity Shares proposed to be allotted: 35,000
iv. Dahyab Hai G Sutariya (Non-Promoters)
No of Equity Shares proposed to be allotted: 35,000
v. Rajesh Bhagwanbhai Sutaria (Non-Promoters)
No of Equity Shares proposed to be allotted: 30,000
vi. Govindbhai Laljibhai Kakadia (Non-Promoters)
No of Equity Shares proposed to be allotted: 35,000
vii. Hirabhai Kanjibhai Kakadia (Non-Promoters)
No of Equity Shares proposed to be allotted: 32,000
viii. Vallabhbhai D Vaghasia (Non-Promoters)
No of Equity Shares proposed to be allotted: 25,000
ix. Riken Mahendrabhai Shah (Non-Promoters)
No of Equity Shares proposed to be allotted: 10,000
x. Hardik Mahendra Shah (Non-Promoters)
No of Equity Shares proposed to be allotted: 10,000
xi. Lakhabhai Gagjibhai Magukia (Non-Promoters)
No of Equity Shares proposed to be allotted: 12,000
xii. Varshaben G Mangukiya (Non-Promoters)
No of Equity Shares proposed to be allotted: 10,000
xiii. Hansaben Ashokbhai Mangukiya (Non-Promoters)
No of Equity Shares proposed to be allotted: 12,000
xiv. Vasantben Devrajbhai Mangukia (Non-Promoters)
No of Equity Shares proposed to be allotted: 10,000
xv. Jayshriben Mukeshbhai Mangukiya (Non-Promoters)
No of Equity Shares proposed to be allotted: 12,000
xvi. Rinaben K Magukiya (Non-Promoters)
No of Equity Shares proposed to be allotted: 10,000
2. To amend in the Memorandum of Association of the Company by way of insertion of additional new Clause No 74 after the existing Clause No 73 in PART III C under the heading OTHER OBJECTS of the Memorandum of Association of the Company.
Under the heading III C. (OTHER OBJECTS)
74. To construct, develop, maintain, build, equip, hire or otherwise deal with ports, shipyard, jetties, harbors, docks, including dry dock and green dock, ship breaking, ship repair, ship building at any port in India or elsewhere and to carry on business of inland and sea transport including goods, passengers and mail, shippers, ship agents, ship underwriters, ship managers, tug owners, barge owners, loading brokers, freight brokers, freight contractors, stevedores, warehouseman, Wharfingers and building, assembling, fitting, constructing, repairing, servicing and managing ships, seagoing vessels for inland and sea waterways.
3. For commencing of businesses included in additional new clause No 74 after the existing Clause No 73 in PART III C under the beading OTHER OBJECTS of the Memorandum of Association of the Company.
4. Appointment of Mr. N K Vithani as a Director of the Company. |
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