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Thursday, December 13, 2007
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Equity News
Dec 12 2007 5:49PM
Infotrek Syscom to convene EGM
The board of Infotrek Syscom has decided to convene extra ordinary general meeting on 12 January 2008.Further, the board has recommended to issue, offer and allot 600,000 convertible warrants of Rs 90 each, convertible in to equal number of wquity shares of face value Rs 10 each at a premium of Rs 80 per share to Bennett, Coleman & Co and 19 lakhs convertible warrants of the company at a price of Rs 90 per warrant convertible in to equal number of equity shares on being fully paid at a premium of Rs 80 per share of Rs 10 face value per equity share to First Online Comtrades, a promoter group company.

Further, the board has decided to form another subsidiary to invest in stocks, shares, mutual funds, real estates and other financial activities.

This was decided at the board meeting held on 12 December 2007.

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Equities: Trading through Reliance Securities Limited | NSE SEBI Registration Number Capital Market :- INB 231234833 | BSE SEBI
Registration Number Capital Market :- INB 011234839 | NSE SEBI Registration Number Derivatives :- INF 231234833 Commodities : Trading through Reliance Commodities Limited | MCX member code: 29030 | NCDEX member code: NCDEX-CO-05-00647|
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