Rainbow Industries Limited
50/A,
Swami Narayan Road, Tunga Village, Mumbai - 72 http/www rainbowindustries.co.in
Ref.:
Rainbow/27/2012-13 Date
: 2nd May, 2012
Mr.
Sanjay P Patil
Smruti
Niwas, Jiva Mahale Road,
Santacruz
(W), Mumbai - 54.
Sub : Conversion of debentures into equity shares
Dear Sir,
I
am directed to inform you that in accordance with the terms decided at the time
of issue of 1,00,000, 12.5% convertible debentures, the debentures would be
eligible for full. conversion into equity shares, on expiry of 3 years, from
the date of issue of debentures.
In
accordance with the above a special resolution was passed at the Extraordinary
General Meeting held on 20th April, 2012 for approval of
conversion of debentures into equity shares.
As
per your letter of option you have been allotted 10 equity shares in lieu of
your 50 debentures. These shares shall rank on par with the existing equity
shares. Details of your holding after conversion are as follows.
|
Reg.
Folio
|
No.
of Debentures held
|
No.
of equity shares issued
|
Share
Certificate
No.
|
Distinctive
Nos.
|
|
|
From
|
To
|
||||
|
227
|
50
|
10
|
245
|
61
|
70
|
Duly signed and executed share
certificate is enclosed.
Debenture certificate will be null
and void w e.f. 30th April, 2012.
Thanking you.
Yours
faithfully,
For
Rainbow Industries Ltd.
Sd/-
Encl
: Share
Certificate Secretary
