Ricoh India to convene EGM on Oct 14

Ricoh India has informed the exchanges that the board of directors on Friday decided to convene an Extra-ordinary General Meeting of the members on October 14 at 10 a.m. at Hotel Hyatt Regency, Mumbai. The EGM has been convened to seek approval of the shareholders for cancellation of existing shares of NRG Group (co-promoter of the company) and issuance of exact number of fresh shares to NRG Group on preferential basis pursuant to the order of the National Company Law Tribunal, Mumbai Bench, on August 24. Trading in the shares of Ricoh India was suspended by the BSE from May 26.