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| Exchange Received Time 12/04/2018 18:35:47 Exchange Disseminated Time 12/04/2018 18:35:55 Time Taken 00:00:08 | The Board of the Company has approved the following in its today's meeting :
1. Change in name of the Company to 'Indiabulls Integrated Services Limited'.
2. Change in the object clause of the MOA, by inserting a new clause for undertaking the businesses of Life and General Insurance, Mutual Fund, and other financial services, through its subsidiaries.
3. Launch of a new Employee Stock Option Scheme, in terms of SEBI (SBEB) Regulations, 2014, for grant of upto 1 crore stock options, convertible into equal number of Equity Shares of face value Rs. 2/- each, to the employees of the Company and/or its subsidiaries.
The Board has also decided to convene EGM of the shareholders, on 14/05/2018 at New Delhi, to seek their approval on aforementioned matters and other matters as set out in the EGM Notice dated 12/04/2018.
(for details pls refer the attachment) |
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