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

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Capital Market

At meeting held on 25 March 2016

Kesar Petroproducts announced that the Board of Directors of the Company at its meeting held on 25 March 2016 has approved the allotment of 39,99,990 equity shares of Re 1 each upon conversion of 3,99,999 warrants issue on preferential basis. After this allotment, the paid up share capital of the Company is Rs 8,86,73,170 consisting of 8,86,73,170 equity shares of Re 1 each.

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First Published: Mar 25 2016 | 6:53 PM IST

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