La Tim Metal & Industries has informed that a meeting of the Board of Directors of the Company will be held on January 04, 2017, to finalize the Proposed allottees for Preferential Issue of 4,000,000 Convertible Warrants of Rs 10 each to Promoters/ Promoter Group and Non Promoters towards raising of additional capital by the Company pursuant to Section 62 of the Companies Act, 2013 and as per the SEBI (Issue of Capital and Disclosure Requirement) Regulation, 2009; to acquire shares of La Tim Sourcing (India), a Company incorporated under the Companies Act, 1956 and having its registered office at 201, Navkar Plaza, Bajaj Road, Vile Parle (West), Mumbai 400056 to make 100% subsidiary; to adopt and approve the Draft Notice of Extra Ordinary General Meeting of the Company; to fix the day, date, time and venue of Extra Ordinary General Meeting of the Company; and to appoint Scrutinizer for conducting E- voting process for Extra Ordinary General Meeting. Further in accordance with the Code of Conduct for prevention of Insider Trading framed by the Company pursuant to the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the securities of the Company will be closed for all Connected/Designated Persons from December 29, 2016 and the same will remain closed till 48 hours after the announcement is made available to public. Accordingly, all Directors/Connected Persons/Designated Persons of the Company have been informed not to trade in the securities of the Company during the aforesaid period of closure of Trading Window.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Tata Steel | 186.50 |
| JSW Steel | 1266.70 |
| Steel Authority | 162.15 |
| Jindal Stainless | 738.00 |
| APL Apollo Tubes | 1822.10 |
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