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| Exchange Received Time 14/08/2018 17:59:00 Exchange Disseminated Time 14/08/2018 17:59:07 Time Taken 00:00:07 | LA TIM METAL has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/08/2018 ,inter alia, to consider and approve 1. To allot 23,88,055 Equity Shares of Rs. 10/- each at a premium of Rs. 25/- each to Promoter/ Promoter Group and Non Promoters and 2,49,000 Compulsory Convertible Preference Shares (CCPSs) of Rs. 10/- each at a premium of Rs. 25/- to Promoter/ Promoter Group on Preferential Allotment basis for consideration other than cash through Resolution passed in the Annual General Meeting on 13th August, 2018 pursuant to the provisions of Section 62 and other applicable provisions of The Companies Act, 2013 for which In Principle approval has been received from BSE Limited vide letter no DCS/PREF/SD/PRE/3103/2018-19 dated 13th August, 2018.
2. To allot 10,66,875 Equity Shares of Rs. 10/- each pursuant to conversion of warrants allotted on Preferential basis at a premium of Rs. 10/- each to Promoter/ Promoter Group through Resolution passed in the Extra Ordinary General Meeting held on 10th February, 2017 and allotment of Convertible Warrants on 23rd February, 2017.
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