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Outcome of board meeting of Kamalakshi Finance Corporation

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Capital Market

At meeting held on 24 June 2014

Kamalakshi Finance Corporation announced that the Board of Directors of the Company at its meeting held on 24 June 2014, has approved to allot 52,00,000 equity shares of Rs 10 each at Rs 25 per share (including a premium of Rs 15 per share) on preferential basis to Promoters & Non promoters as per the list placed before the meeting.

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First Published: Jun 24 2014 | 5:15 PM IST

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