Kalyanpur Cements withdraws Rights Issue of equity shares

The Board of Directors of Kalyanpur Cements Ltd vide their resolution passed through circulation on October 20, 2014, has decided not to proceed with the Rights Issue of equity shares of the Company. Hence, the proposed Rights Issue stands withdrawn.

The company had earlier announced regarding Record Date for the purpose of determining the entitlement of the equity shareholders in the Rights Issue.

Source : Equity Bulls

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