Stake Sale

KIC Metaliks allots 454000 equity shares



Posted On : 2008-04-04 05:12:56( TIMEZONE : IST )

KIC Metaliks allots 454000 equity shares

KIC Metaliks Ltd has announced that the Company has allotted on April 04, 2008, 454000 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 5599200 Equity Shares of Rs 10/- each and the Promoter's holding have increased by 4.618% to 47.665%.

Source : Equity Bulls

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