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Board of Kesar Petroproducts approves allotment of equity shares on conversion of warrants

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Capital Market

At meeting held on 07 April 2016

Kesar Petroproducts announced that the Board of Directors of the Company at its meeting held on 07 April 2016 has approved the allotment of 40,00,000 equity shares of Re 1 each upon conversion of 4 lakh warrants issue on preferential basis.

After this allotment, the paid up share capital of the company is Rs 9,66,73,170 consisting of 9,66,73,170 equity shares of Re 1 each.

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First Published: Apr 07 2016 | 1:14 PM IST

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