Timbor Home to change name make preferential allotment

Jun 29, 2013, 08.55 PM IST

Timbor Home has informed BSE that the Board of Directors of the Company at its meeting held on June 28, 2013, approved to sell/dispose of the land & building of the Company situated at Umreth , to change the name of the Company to IKI TIMBOR LIMITED, to make preferential allotment of up to 15% of paid-up share capital

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Timbor Home to change name & make preferential allotment

Timbor Home has informed BSE that the Board of Directors of the Company at its meeting held on June 28, 2013, approved to sell/dispose of the land & building of the Company situated at Umreth , to change the name of the Company to IKI TIMBOR LIMITED, to make preferential allotment of up to 15% of paid-up share capital

Like this story, share it with millions of investors on M3

Timbor Home to change name & make preferential allotment

Timbor Home has informed BSE that the Board of Directors of the Company at its meeting held on June 28, 2013, approved to sell/dispose of the land & building of the Company situated at Umreth , to change the name of the Company to IKI TIMBOR LIMITED, to make preferential allotment of up to 15% of paid-up share capital

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Timbor Home Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 28, 2013, has passed the resolution and approved the below businesses:1. To sell/dispose of the land & building of the Company situated at Umreth pursuant to section 293(1)(a) the Companies Act, 1956 subject to approval of Shareholders.2. To change the name of the Company to IKI TIMBOR LIMITED pursuant to section 21 of the Companies Act, 1956 and subject to approval of Shareholders.3. To make the preferential allotment of up to 15% of the paid up Share capital of the Company pursuant to Section 81(1)(a) of the Companies Act, 1956 read with ICDR guidelines, 2009 and subject to approval of Shareholders.The notice to the shareholders will be send for approval of aforesaid business through Postal ballots (E-Voting) pursuant to Section 192A of the Companies Act, 1956 read with Postal ballot Rules, 2011.Source : BSE

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