Kirloskar Ferrous Industries Ltd has informed that the Rights Issue and Allotment Committee of the Board of Directors of the Company at its meeting held on May 10, 2008 has extinguished 18,435 Detachable Warrants and has allotted 18,435 Equity Shares of Rs 5 each fully paid, pursuant to the conversion of Warrants into Equity Shares in terms of the Letter of Offer dated January 02, 2007.
Consequent to the allotment of Equity Shares, the Paid-up Share Capital of the Company stands increased from Rs 685,033,325/- to Rs 685,125,500/-.
Consequent to the allotment of Equity Shares, the Paid-up Share Capital of the Company stands increased from Rs 685,033,325/- to Rs 685,125,500/-.
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