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Khandelwal Extractions redeems pref shares due for maturity

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Capital Market
Last Updated : Feb 14 2014 | 11:55 PM IST

Of Rs 100 each

Khandelwal Extractions announced that its directors in the board meeting held on 12 February 2014 have approved for issue of 5000 12% cumulative redeemable preference shares of Rs 100 each aggregating Rs 5 lakhs and the proceeds there of to be utilized in redemption of existing 5000 10% cumulative redeemable preference shares of Rs 100 each for aggregate amount of Rs 5 lakhs due for maturity on 01 March 2014.

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First Published: Feb 14 2014 | 12:07 PM IST

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