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KESAR ENTERPRISES LTD. - Outcome of Board Meeting
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04 Aug 2015
Kesar Enterprises Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 04, 2015, inter alia, has transacted the following:&lt;BR&gt;&lt;BR&gt;- Approved conversion of 1,69,092 Optionally Convertible Preference Shares (OCPS) amounting to Rs. 16,90,920/- into 80,520 Equity Shares of Rs. 10/- each at a price of Rs. 21/- per share (including premium of Rs. 11/-) as per details given here under:&lt;BR&gt;&lt;BR&gt;- Name of Allottees - Seel Investment Pvt Ltd., Promoter Group&lt;BR&gt;&lt;BR&gt;- No. of OCPS held - 1,69,100&lt;BR&gt;&lt;BR&gt;- Option exercised to convert OCPS into Equity Share - 1,69,092&lt;BR&gt;&lt;BR&gt;- No. of Equity Shares allotted on conversion of OCPS - 80,520
View all announcements for KESAR ENTERPRISES LTD. Source: BSE India