Helios & Matheson Information Technology Ltd has informed that in accordance with the Offering Circular dated July 07, 2006 for issue of US$ 20 million with an over allotment option of upto USD 5 million 2% Foreign Currency Convertible Bonds due 2011 (FCCB), the Company had received an amended conversion notice for allotment of 385500 shares (instead of 354384 shares) on conversion of 10 nos of bonds. As the Company had earlier allotted 354384 shares, the Committee of Directors at its meeting held on October 22, 2007 allotted the balance 31116 equity shares of Rs 10/-each at Rs 130 per share to the bondholder. Consequent upon the allotment, the total paid up equity capital of the Company stands increased to Rs 21,53,64,480 divided into 2,15,36,448 equity shares of Rs 10 each.
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1 comment:
The promoters of Helios & Matheson have a criminal record.
THIS IS A COURT ORDER WHERE HONORABLE MAGISTRATE CONFIRMS THAT HE FINDS SUFFICIENT GROUNDS FOR PROCEEDING AGAINST H&M & OTHERS FOR CHEATING, FABRICATING & FORGING OF DOCUMENTS ETC.
IN THE COURT OF THE ADDL.CHIEF METROPOLITAN MAGAISTRATE
47TH COURT, ESPLANADE,MUMBAI.
CASE NO.177/MIS/2006
..COMPLAINANT
VS
State Bank of Mauritius, Helios & Matheson & Ors.
V.Ramachandrian / G.K Muralikrishna..ACCUSED
ORDER BELOW THE COMPLAINT:
1 Heard the Advocate Sabnis for the complainant.
2 The record is seen. It appears that the complainant and the accused No.4 were the share holder of Vmoksha Technologies Ltd and the agreement was reached between this company and accused no.5 Helios and Matheson Information Technology Ltd. For selling of the shares. It appears that thereafter the account was opend in the bank by committing forgery and the application for loan was made in the name of the company of the complainant and the loan so obtained was transferred in the name of accused no.5. An attempt was made to show that the payment of the share was made thus by obtaining the loan in the name of the company of the complainant.
3 I find sufficient grounds for proceeding against all the accused persons for the offence U/sec. 120B, 420 read with 120B, 465 r.w. 120B, 467 r.w. 120B, 465 r.w.120B, 467 r.w.471 r.w.120B and 403 r.w.511 r.w.120B of Indian Penal Code on payment process fees.
4 Issue summons accordingly. Returnable on 20/4/2007. The list of witnesses is given.
(M.Y.Mankar)
Addl.Chief Metropolitan Magistrate,
47th Court, Esplanade, Mumbai
47th Court, Esplanade, Mumbai
Sabnis
Chambers of Shri Mahesh Jethmalani
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