DIGJAM

Digjam Limited has informed the Exchange that the Board of Directors at its meeting held on February 25, 2015 has decided to issue upto 10,00,000 Non-Convertible Redeemable Preference Shares of Rs. 100 each in one or more tranches aggregating to Rs. 10 Crores (Rupees Ten Crores only) out of the Authorised Preference Share Capital of the Company on Private Placement Basis u/s 42 of the Companies Act, 2013 subject to authorisation of Members by Special Resolution. The said Preference Shares are not proposed to be listed. Further, An Extraordinary General Meeting of the Members has been convened

Digjam Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on January 09, 2012, with a view to conserve the resources of the Company considered the proposal for conversion of the outstanding Preference Share Capital aggregating to Rs. 21.62 Crs into Equity Shares to be issued at a price determined by an independent valuer and, approved in principle the draft Scheme of Arrangement U/s. 391 and other applicable provisions of the Companies Act, 1956 subject to such approvals as may be necessary. A Committee of Directors of the Board was constituted and

Digjam Limited has informed the Exchange that the Board of Directors at their meeting held on April 29, 2009 have inter alia decided as under : 1) To re-appoint Sri C.L. Rathi as the Managing Director of the Company w.e.f. June 01, 2009 upon the expiry of his present term subject to relevant approvals. 2) To seek the approval of members U/s 293 (1)(a) of the Companies Act, 1956 by Postal Ballot for the disposal of the whole/substantially the whole of Universal Clothing Division at Faridabad, an undertaking of the Company.

Birla Vxl Limited has informed the Exchange vide it letter dated March 18, 2008 that: "The Committee of the Board met today and finalized the indicative terms and conditions of the present offer on private placement basis of 25,00,000 nos. of Cumulative Redeemable Preference Shares of Rs.100 each and authorised the Vice Chairman/Managing Director to discuss the interest of Inter Corporate Depositors/Lenders to the Company as well as other investors in the said issue".

Birla Vxl Limited has informed the Exchange that the Board of Directors at their meeting held on January 31, 2008 have decided that the name of the Company be changed from 'Birla VXL Limited' to 'DIGJAM Limited' as per the availability of name indicated by the Registrar of companies, Gujarat subject to approval of the Members and the Central Government u/s 21 of the Companies Act, 1956. It has also been decided to seek enabling approval of the Members U/s. 81(1A) of the Companies Act, 1956 for issue of Preference Shares aggregating upto Rs.45 Crores, which form part of the present Authorised C

Birla Vxl Limited has informed the Exchange that "In view of the very adverse market conditions presently prevailing in the garment industry, at the Board Meeting held on November 1, 2007 it has been decided to cease operations at Universal Clothing, a division of the Company."

Birla Vxl Limited has informed the Exchange on June 18, 2007 that: "At the meeting of the Board of Directors held today, the following were considered: 1) The Board noted the nomination by the Government of Gujarat of Smt. Gauri Kumar, IAS, Industries Commissioner, Gujarat as Director of the Company in place of Shri Arvind Agarwal. 2) Since M/s Khimji Kunverji & Co., Chartered Accountants, have expressed their inability to act as Auditors of the Company, the Board has proposed the appointment of M/s Deloitte, Haskins & Sells, Chartered Accountants, as Statutory Auditors of the Company at the e