KLG Systel to allot 535000 shares

KLG Systel Ltd has announced that the Board of Directors of the Company at its meeting held on March 29, 2008 has resolved to allot 5,35,000 (Five Lacs Thirty Five thousand only) shares to the promoters of the Company namely Sh. Kumud Goel, Smt. Upasana Goel, Smt. Ritu Goel, Smt. Pushap Lata Goel and M/s. KLG Computers Pvt Ltd in accordance with the special resolution of EGM held on January 05, 2007, arising after conversion of 5,35,000 warrants out of the total of 10,70,000 earlier allotted in the meeting of Board of Directors held on January 17, 2007.

Source : Equity Bulls

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