KIC Metaliks allots equity shares on conversion of warrants

KIC Metaliks Ltd has announced that the Company has allotted on June 18, 2007, 455000 Equity Shares of Rs 10/- each at a premium of Rs 45/- out of 909000 Convertible Warrants of Rs 55/-, each Warrant convertible into one Equity Share of Rs 10/- each at a premium of Rs 45/- issued on October 20, 2006 to R K Kajaria & Sons (HUF) (Promoter Group). The Paid-up Capital after the above allotment is 5145200 Equity Shares of Rs 10/- each and the Promoter's holding have increased by 4.9781% to 48.6954%.

Source : Equity Bulls

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