Held on 08 May 2014
Kesar Enterprises announced that the Board of Directors of the Company at its meeting held on 08 May 2014, inter alia, has:Approved conversion of 28,95,900 Optionally Convertible Preference shares (OCPS) amounting to Rs 2.89 crore into 13,79,000 equity shares of Rs 10 each at a price of Rs 21 per share (including premium of Rs 11).
Approved extension of the accounting year ending from 30 June 2013 to 30 September 2014 (15 months).
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