VCK Capital allots 2710306 equity shares

VCK Capital Market Services Ltd has announced that the Board of Directors of the Company at its meeting held on April 28, 2008, has issued and allotted 27,10,306 Equity Shares of Face Value of Rs 10/- each, by conversion of Part-C of the 12% Non-Cumulative Convertible Redeemable Preference Shares (Equipref Shares) of Rs 40/- each along with the arrears, of all accumulated Dividends till June 15, 1999 at 6% p.a., at the offer price of Rs 12.25/- per share as calculated in terms of Guidelines for Preferential Issues of Shares, under Chapter XIII of Securities & Exchange Board of India (Disclosure & Investor Protection), Guidelines, 2000.

Source : Equity Bulls

Keywords