Eins Edutech has informed that the Board of Directors of the Company at its meeting held on March 21, 2013, has approved to raise additional funds by way of issue of 70,50,000 Equity Shares of face value of Rs. 10 each at a price of Rs. 15 per equity share, including a premium of Rs. 5 per equity share, on preferential basis to the Strategic Investors in compliance with Chapter VII of Securities & Exchange Board of India (Issue of Capital & Disclosure Requirements) Regulations, 2009.
It will convene an Extra Ordinary General Meeting on April 19, 2013 of the Shareholders of the Company to consider and approve the aforesaid matters in pursuant to section 81(1A) and other relevant provisions of the Companies Act, 1956 & other rules & regulations of SEBI and other appropriate authorities.
The above information is a part of company’s filings submitted to BSE.
