Board meeting - June 03, 2009
Orbit Corporation Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 03, 2009, inter alia, has accorded their approval, subject to the approval of the shareholders, for the following: Raising of additional long term funds through further issuance of securities ...
Orbit Corporation Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 03, 2009, inter alia, has accorded their approval, subject to the approval of the shareholders, for the following:
- Raising of additional long term funds through further issuance of securities of the Company, for an amount not exceeding Rs 500 Crores, either through preferential issue and / or Qualified Institutions Placement and / or private placement.
- Issue of Prerferential allotment to the promoters of the company.
- Issue of Shares under ESOP scheme 2009.
- EGM will be held on 9th July 2009.
