Multi
Arc fixes Book Closure for AGM (8/13/2007)
Multi
Arc India Ltd has informed BSE that the Register of Members
& Share Transfer Books of the Company will remain closed
from September 11, 2007 to September 12, 2007 for the purpose
of Annual General Meeting (AGM) of the Company.
Multi
Arc - Updates (8/2/2007)
Multi
Arc India Ltd has informed BSE that a single member Bench
of Hon'ble High Court at Mumbai has admitted Company Petition
under section 434 of The Companies Act, 1956, filed by a
Financial Creditor. The Company has preferred an appeal
against the said order to the Divisional Bench of the Hon'ble
High Court at Mumbai.
Multi
Arc - Outcome of Board Meeting (7/31/2007)
Multi
Arc India Ltd has informed BSE that the Board of Directors
of the Company at its meeting held on July 30, 2007, inter
alia, has approved to issue on preferential basis Equity
Shares of Rs 10/- each at a price not less than as determined
by SEBI Guide Lines subject to the requisite approvals.
Multi
Arc - Board Meeting on Jul 30, 2007 (7/24/2007)
Multi
Arc India Ltd has informed BSE that a meeting of the Board
of Directors of the Company will be held on July 30, 2007,
inter alia, to consider and approve issue of Equity Shares
on Preferential basis as a part of the funds raising program
for the Company as well as to take on record unaudited (stand
alone & consolidated) financial results for the quarter
ended June 30, 2007.
Multi
Arc - Outcome of Board meeting (6/28/2007)
Multi
Arc India Ltd has informed BSE that the Board of Directors
of the Company at its meeting held on June 27, 2007, inter
alia, has decided to defer the issue of Equity Shares on
preferential basis.
Multi
Arc - Board Meeting on Jun 27, 2007 (6/20/2007)
Multi
Arc India Ltd has informed BSE that a meeting of the Board
of Directors of the Company will be held on June 27, 2007,
to consider the following:
1. To approve the Audited Results for
the year ended March 31, 2007.
2. Issue of Equity Shares on Preferential
basis.
Multi
Arc - E-mail ID for Investor Complaints (5/14/2007)
Multi
Arc India Ltd has informed BSE that the Company has designated
an E-mail ID inv.services@multi-arcindia.com for exclusively
for the purpose of registering complaints by investors.
Multi
Arc - FY 07 results by Jun 30, 2007 (4/23/2007)
Multi
Arc India Ltd has informed BSE that the Company intents
to publish Audited Results for the entire accounting year
ended on March 31, 2007 by June 30, 2007 instead of publishing
Unaudited results for the last quarter ended on March 31,
2007 by April 30, 2007.
Multi
Arc - Updates (2/17/2007)
Multi
Arc India Ltd has informed BSE that, the Investors to whom
the Preferential Allotment of Equity Shares was proposed
have withdrawn their commitment to subscribe for the equity
shares of the Company on preferential basis. The Company
has accordingly cancelled the Extraordinary General Meeting
conveyed the terms of the notice of the meeting dated January
16, 2007 scheduled to be held on February 19, 2007.
Multi
Arc - Outcome of Board Meeting (1/18/2007)
Multi
Arc India Ltd has informed BSE that the Board of Directors
at its meeting held on January 16, 2007 has decided to issue
Equity Shares of Rs 10/- each to Strategic Investors at
a price not less than determined as per SEBI Guidelines,
subject to requisite approvals.
The Board has deferred the decision for
issue of Equity Shares on right basis.
Multi Arc India - Disclosures under Reg.13(6)
of SEBI (Prohibition of Insider Trading) Regulations, 1992
Sunidhi Securities & Finance Ltd
has purchased 190,000 shares in open market on Sept.04,2007.Total
acquisition of shares will be 620,000.
Jasvantlal Chhotalal & Co. Ltd has sold 190,000 shares
in open market on Sept.04,2007
The Exchange has received the following
disclosure under Regulation 7(1A) of SEBI (Substantial
Acquisition of Shares and Takeovers) Regulations, 1997:
| Name of the acquirer and PACs with the
acquirer |
Sunidhi Securities & Finance Pvt
Ltd
Jasvantlal Chhotalal & Co. Pvt Ltd
Indrayani Properties Pvt Ltd |
| Details |
Number |
% |
a) Shares / VR* before acquisition under
consideration
Sunidhi Securities & Finance Pvt Ltd
Jasvantlal Chhotalal & Co. Pvt Ltd
Indrayani Properties Pvt Ltd |
430,000
190,000
55,000 |
5.29%
2.34%
0.68% |
b) Shares / VR* acquired / (sold)
Jasvantlal Chhotalal & Co. Pvt Ltd |
(190,000) |
(2.34) |
c) Shares / VR* after acquisition /
sale
Sunidhi Securities & Finance Pvt Ltd
Indrayani Properties Pvt Ltd |
430,000
55,000 |
5.29%
0.68% |
| Mode of acquisition / sale |
Open Market |
| Date of acquisition / sale of shares |
Sep 04, 2007 |
*VR - Voting Rights
|
Multi
Arc - Updates (10/31/2007)
With
reference to the earlier announcement dated August 02, 2007,
regarding admission of Company Petition filed by a Financial
Creditor by single member bench of Hon'ble High Court at
Mumbai, Multi Arc India Ltd has informed BSE that the Company
had signed Consent Terms with Financial Creditor namely
Kotak Mahindra Bank Ltd and made one-time settlement for
full and final settlement of the dues to them. The Company
has accordingly made the payment to the financial creditor
and obtained No Dues Certificate from them.
With the issue of no dues certificate
by the financial creditor - Kotak Mahindra Bank Ltd the
winding up petition stands automatically disposed of as
withdrawn.
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