IOLN

Iol Netcom Limited has informed the Exchange that the Board of Directors at its meeting held on November 14, 2011 has approved the following : To raise fund through GDR/ADR/QIP/FCCB/ECB/OFCD & other Debt Instruments up to Rupees 200 Crores.

Iol Netcom Limited has informed the Exchange that the Board of Directors at its meeting held on September 16, 2010 has approved: (1) Shifting of Registered office 601, Raheja Center, Nairman Point, Mumbai - 400 021 to 813, Raheja Center, Nairman Point, Mumbai - 400 021. (2) The financial year of the Company will be for 15 months commencing from April 1, 2009 and ending on June 30, 2010.

Iol Netcom Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on October 31, 2009: (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.

Iol Netcom Limited has informed the Exchange that: "The Board at its meeting held on February 19, 2009 has: (1) Approved to make preferential issue of equity shares/Fully Convertible Debentures (FCDs)/ Optionally Fully Convertible Debenture(OFCD / Partly Convertible Debentures (PCDs) or any other financial instruments which would be converted or exchanged with equity shares at a later date not exceeding Rs. 150 crore (Rs. One hundred fifty crore) subject to shareholders' approval and for this purpose convene an EGM; (2) Decided to increase the tenure of Shri A. S. Oberai, Whole Time Director o

Iol Netcom Limited has informed the Exchange that the Board at its meeting held on January 28, 2009 has: (1) Approved the alteration in the Object clause of the Memorandum of Association and alteration in the Articles of Association subject to the shareholders' approval. (2) Approved the issue of fully convertible debentures subject to the shareholders' approval. (3) Approved the conduct of Postal Ballot. (4) Approved the appointment of Mr. Prabhat Maheswari as Scrutinizer for the Postal Ballot Process.

Iol Netcom Limited has informed the Exchange that: "Board at their meeting held on November 12, 2008 has also approved: Appointment of Shri Prabhat Maheswari, Practicing Company Secretary as scrutinizer of the Company".

Iol Netcom Limited has informed the Exchange regarding the outcome of the Board Meeting held on November 12, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/IOLN_OutcomeofBM_12112008.zip target=NEW> For more details click here.</a>