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Prime Customer Services Ltd - Outcome Of Board Meeting Dated Tuesday, 19Th February, 2019

| Updated on February 19, 2019 Published on February 19, 2019

Meeting of Board of Directors was held today, Tuesday, 19th February, 2019 at the registered office of the company, inter-alia the Board considered the following agenda along with other agenda:

1. Approved the proposal to increase Authorised share capital of the Company subject shareholders approval from Rs. 4,20,00,000 (Rupees Four Crores Twenty Lakhs only) consisting of 42,00,000 (Forty Two Lakhs) equity shares of Rs. 10 (Rupees Ten) each to Rs. 15,00,00,000 (Rupees Fifteen Crores only) consisting of 1,50,00,000 (One Crore Fifty Lakhs) equity shares of Rs. 10 (Rupees Ten) each and alter the capital clause of the Memorandum of Association of the Company.
2. Approved the proposal for issue of 6,00,000 (Six Lakhs Only) Convertible Warrants of the Company on a preferential allotment basis to Promoters and non-promoter persons / entity subject shareholders approval at a price of Rs.113.40/- each (Rupees One hundred and Thirteen and Paisa forty Only) which is arrived in accordance with SEBI ICDR Regulations, 2009 aggregating to Rs.6,80,40,00,000 (Rupees Six Crores Eighty Lakhs Forty Thousands Only) as arrived at in accordance with the SEBI ICDR Regulations, 2009.
3. The Board has decided to convene Extra-Ordinary General Meeting of the company will be held on Wednesday, 20th March, 2019 at 02.00 PM at the registered office of the Company at 102, Sanskar-2, Near Ketav Petrol Pump, Polytechnic Road, Ambawadi, Ahmedabad-380015.
4. Draft Notice Extra-Ordinary General Meeting was approved by the Board of Directors of the Company.
5. Resignation of Shivangi Shah from the office of Company Secretary of the Company with effect from closing of the working hours of 19th February, 2019.
6. Appointment of Mr. Umesh Ved, Company Secretary of M/s. Umesh Ved & Associates, (Membership No 4411, CP 2924), Ahmedabad to scrutinize the Ballot voting at the ensuing Extra-Ordinary General Meeting of the company process in a fair and transparent manner.

Pdf Link: Prime Customer Services Ltd - Outcome Of Board Meeting Dated Tuesday, 19Th February, 2019

Source : BSE - www.bseindia.com

Published on February 19, 2019
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