JIK Industries to issue 18777990 shares

JIK Industries Ltd has announced that the Board of Directors of the Company at its meeting held on February 24, 2009, inter alia, has considered and approved the issue of 1,87,77,990 equity shares of Rs 10/- each at par to Mr. R G Parikh, Promoter towards further investment from time to time as per the Hon'ble BIFR Order dated August 26, 2008 issued on September 01, 2008.

Source : Equity Bulls

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