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IOL Netcom Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 31, 2009, inter alia, has :

1. Approved to pass 4 separate resolution for raising of fund through:

(a) FCCB up to Rs. 450 Crores
(b) QIP up to 200 crores
(c) ADR / GDR up to 300 crores.
(d) NCD / OFCD up to 300 crores

2. Approved the notice of the Postal Ballot.

3. Approved the appointment of Shri Prabhat Maheswari as Scrutinizer.
1.11 PM Nov 9th 2009  | Track
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