Gitanjali Gems Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 27, 2011, inter alia, has formed a Securities Committee of Directors with following members:
1. Mehul C. Choksi
2. Dhanesh V. Sheth
Further the Company has informed that the said Committee is delegated with the power to decide on the terms for appropriate mode of raising the funds which may include further issue of equity shares or GDRs of ADRs of FCCBS, or any other securities convertible into to equity shares upto an aggregate amount not exceeding USD 250 Million.
The Securities Committee is further delegated with the all necessary powers to give effect to the fund raising exercise undertaking by the Company.Read More
Sensex
|
Friday, May 27, 2011
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment