Business Standard

Kesar Enterprises holds EGM

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Capital Market

On 18 March 2014

Kesar Enterprises held the Extra Ordinary General Meeting (EGM) of the Company on 18 March 2014, under Clause 35A. The members of the company have passed a resolution to issue and allot upto 30,65,000 zero coupon optionally convertible preference shares of Rs 10 each for cash at par aggregating Rs 3.06 crore to promoters/ promoter group on preferential basis with the option to convert, partially or fully, in one or more tranches, at a price of Rs 21 each (including premium of Rs 11).

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First Published: Mar 18 2014 | 5:45 PM IST

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