Board of Kesoram Industries approves conversion of preference shares

At meeting held on 11 August 2022

The Board of Kesoram Industries at its meeting held on 11 August 2022 has decided to exercise the option of conversion of Zero Coupon Optionally Convertible Redeemable Preference Shares of face value of Rs 100 each (the OCRPS) into Equity Shares of face value of Rs 10 each at the pre-determined conversion price of Rs 65 per Equity Share.

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