Monday, August 11, 2008

Kirloskar Ferrous Allotts Of Equity Shares - Aug 11 , 2008

Kirloskar Ferrous Industries Ltd has informed that the Right Issue and Allotment Committee of the Board of Directors of the Company at its meeting held on August 09, 2008, has extinguished 1,93,854 Detachable Warrants and has allotted 1,93,854 Equity Shares of Rs 5 each fully paid, pursuant to the conversion of Detachable 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 685,489,075/- to Rs 686,458,345/-.

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