Board Meeting 19 Sep, 2014
At the meeting of Board of Directors of the Company held today the following changes were made to the Board:
1. Ms. Deepa Reji Abraham has been appointed as an Additional Director.[Non-independent]
2. Ms. Subhashini Chandran has been appointed as an Additional Director [ Independent].
Mr C P Gopalkrishnan who has hitherto been Deputy Managing Director, CFO & Secretary has relinquished his responsibility as Company Secretary.. However, he will continue to be Deputy Managing Director & Chief Financial Officer.
Mr S.N. Balaji has been appointed as Company Secretary [ designated as Senior Manager(Legal) & Secretary] effective today.
Board Meeting 31 July, 2014
Meeting of Board of Directors of the Company will be held on Thursday, the 31st July 2014 to transact the following items.
• To consider and take on record the Unaudited Quarterly Standalone Financial Results of the Company for the period ended 30th June 2014.
• To consider and take on record the Unaudited Quarterly Consolidated Financial Results of the Company for the period ended 30th June 2014.
Further, the trading window will be closed from July 22, 2014 to July 31, 2014 (both days inclusive) in connection with the approval of the financial results and shall reopen after the expiry of 24 hours from the time of publication of results.
Compensation Committee Meeting 10 July, 2014
The Compensation Committee at the meeting held today allotted 61,200 ( Sixty One Thousand Two Hundred only) Equity Shares of Rs.2/- each under Employee Stock Options Scheme (ESOS 2005) including the allotment of 1500 equity shares to a Non-Executive Director & 31,000 equity shares to two Deputy Managing Directors of the Company.
Outcome of Captial Issue Committee Meeting 08 July, 2014
Capital Issue Committee of the Company at its meeting held today approved the issue and allotment of 1,07,83,608 equity shares of face value Rs.2/- to eligible Qualified Institutional Buyers (QIBs) at the issue Price of Rs. 695.50 per equity share, aggregating to Rs. 749,99,99,364 (Rs. Seven Hundred Forty Nine Crore Ninety Nine Lakhs Ninety Nine Thousand Three Hundred and sixty four only).
Capital Issue Committee Meeting 03 July, 2014
Capital Issue committee of the Company at its meetings held today inter alia has passed the following resolution:
a. Approved the closure of QIP on July 03, 2014;
b. Approved the issuance of 10,783,608 equity shares of face value of Rs.2/- to Qualified Institutional Buyers at an issue price of Rs 695.50 per equity share, which is at a discount or Rs.36.47 per share to the Floor Price Rs. 731.97 per equity share and
c. Approved and adopted the placement Document (PD) dated July 03, 2014 in connection with the QIP.