Kilburn Chemicals Ltd calls for Board Meeting on March 16, 2016

A meeting of the Board of Directors of Kilburn Chemicals Ltd will be held on March 16, 2016, to allot 9,40,000 Equity Shares to M/s. Supriya Finance Limited and 27,25,000 Convertible Warrants to M/s. Shree Durga Agencies Limited, M/s. Sandeep Investments Limited, M/s. Nirvan Commercial Company Limited, M/s. Ana Vincom Private Limited and M/s. Arham Vyapaar Private Limited respectively, being the entitles forming part of the Promoters/ Promoter Group of the Company, each of face value of Rs. 10/- each and at a price of Rs. 39/- each (including a premium of Rs. 29/- each) on Preferential Basis, in compliance with Chapter VII of Securities & Exchange Board of India (Issue of Capital & Disclosure Requirements) Regulations, 2009 and subsequent amendments thereto and Section 42 & 62 of the Companies Act, 2013, to the extant rules notified.

Shares of KILBURN CHEMICALS LTD.-$ was last trading in BSE at Rs.26.1 as compared to the previous close of Rs. 24.95. The total number of shares traded during the day was 766 in over 10 trades.

The stock hit an intraday high of Rs. 26.15 and intraday low of 24.55. The net turnover during the day was Rs. 19027.

Source : Equity Bulls

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