Perfectpac Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 22, 2009, considered the final report submitted by the Registrars / Bankers to the issue with respect to the collections / participation in the Rights Issue of the Company. The final figures depicted completion of 75.32% of the total issue wherein the Promoter / promoter group has participated fully to the extent of their entitlements and the balance amount was provided by the non-promoter shareholders subscribing to their entitlements and also with some applications for additional equity shares. The total deficiency in the issue is for Rs. 41.08 Lakhs only.
In terms of Section III: INIRODUCTION (General Information, minimum subscription clause) on page no. 6 of the Letter of Offer dated September 14, 2009 for the Rights issue of the Company, the promoter group entities have come forward to subscribe to further equity shares of the Company to the extent of completing the 100% collection in the Rights Issue.
