The Board of Directors of KJMC Financial Services Ltd at its meeting held on August 11, 2014, considered and approved the allotment of 3,00,000 equity shares of Rs. 10/- each of the Company pursuant to conversion of 30,000 0% Compulsory Convertible Preference Shares (CCPS) of Rs. 100/- each.
The Board approved the appointment of Mr. Rajnesh Jain as Whole Time Director of the Company w.e.f. August 11, 2014 and appointment of Mr. Kartik Konar as Chief Financial Officer of the Company w.e.f. August 11, 2014.