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Purpose
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AGM Date
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Announcement Date
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Book Closure Start Date
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Book Closure End Date
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Remarks
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EGM
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05-Jan-2008
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11-Dec-2007
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NA
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NA
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BOC India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 11, 2007, the Board, after considering the funding requirements of the Company of Rs 13.4 Billion, approved the proposal to issue and allot to its promoter, Linde AG and / or its wholly owned subsidiary (the "Allottee/s"), on a preferential allotment basis, up to 3,62,00,000 (Three Crores Sixty Two Lakhs) equity shares in the Company of Rs 10/- (Rupees Ten only) each, at an issue price of not less than Rs 165/- (Rupees One Hundred and Sixty Five only) which has been determined in accordance with applicable laws and guidelines.
The said 3,62,00,000 (Three Crores Sixty Two Lakhs) equity shares in the Company to be issued to the Allottee(s) on a preferential basis shall represent up to 42.45% of the total post issue paid up equity share capital of the Company on a Fully diluted basis. Post the preferential issue to the Allottee(s), the aggregate shareholding of the Promoter Group shall be up from 54.80% to up to 73.99% of the total post issue paid up equity share capital of the Company.
The Board has also authorised, subject to shareholder approval, an increase in the authorised share capital of the Company from Rs 60,00,00,000/ (Rupees Sixty Crores) to Rs 86,00,00,000/- (Rupees Eighty Six Crores only) divided into 8,60,00,000 (Eight Crores Sixty Lakhs) equity shares of Rs 10/- (Rupees Ten only) each, and consequent amendments to the Memorandum and Articles of Association of the Company.
The above proposal is subject to the satisfaction of various conditions, including obtaining necessary approvals from the shareholders and regulatory authorities, if any, prior to the actual allotment under the preferential issue. The Hoard has approved the convening of an extraordinary general meeting of the shareholders of the Company on January 05, 2008 to consider the aforesaid proposals.
BOC India Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on January 05, 2008, inter alia, to transact the following business:
1. To increase the authorised share capital of the Company to Rs 86,00,00,000/- (Rupees Eighty Six Crores only) divided into 8,60,00,000/- (Eight Crores Sixty Lakhs) Equity Shares in the Company of Rs 10/- (Rupees Ten only) each & consequential amendments in the Memorandum & Articles of Association of the Company.
2. To issue and allot up to 3,62,00,000 (Three Crores Sixty Two Lakhs) Equity Shares (the "Issue Shares") of Rs 10/- (Rupees Ten only) each at a premium of not less than Rs 155/- (Rupees One Hundred and Fifty Five only) per Equity Share aggregating to an issue price of not less than Rs 165/- (Rupees One Hundred and Sixty Five only) per Equity Share for an aggregate investment price of Rs 597,30,00,000/- (Rupees Five Hundred and Ninety Seven Crores and Thirty Lakhs Only), to Linde AG and / or its wholly owned subsidiary on a preferential allotment basis, on such terms and conditions and in such manner as the Board may think fit, subject to necessary provisions & approvals.
(As per BSE Announcement Website dated on 13/12/2007)
BOC India Ltd has informed BSE that the shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on January 05, 2008, have approved the issue and allotment of up to 3,62,00,000 (Three Crores Sixty Two Lakhs) Equity Shares ("Issue Shares") of Rs 10/- (Rupees Ten only) each at a premium of not less than Rs 155/- (Rupees One Hundred and Fifty Five only) per Equity Share aggregating to an issue price of not less than Rs 165/- (Rupees One Hundred Sixty Five only) per Equity Share for an aggregate minimum investment price of Rs 597,30,00,000/- (Rupees Five Hundred and Ninety Seven Crores and Thirty Lakhs Only), to Linde AG and / or its wholly owned subsidiary on a preferential allotment basis on specific terms and conditions and subject to the satisfaction of certain requirements.
At the aforesaid meeting, the shareholders have also approved increase in the authorised share capital of the Company from Rs 60,00,00,000/- to Rs 86,00,00,000/- and consequential amendments in the Memorandum and Articles of Association of the Company.
(As Per BSE Announcement Website Dated on 07/01/2008)
BOC India Ltd has informed BSE that the shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on January 05, 2008, inter alia, have increase the authorised share capital of the Company to Rs 86,00,00,000/- (Rupees Eighty Six Crores only) divided into 8,60,00,000/- (Eight Crores Sixty Lakhs) Equity Shares in the Company of Rs 10/- (Rupees Ten only) each & consequential amendments in the Memorandum & Articles of Association of the Company.
(As per BSE Announcement Website dated on 05/02/2008)
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