KJMC Global Market India to allot 76300 shares

KJMC Global Market India Ltd has announced that the Board of Directors of the Company at its meeting held on June 20, 2009, inter alia, has approved the allotment of 76,300 Equity Shares upon exercise of right of conversion of 1st Tranche of Fully Convertible Warrants allotted on December 22, 2007 on Preferential basis to I C Jain HUF at price of Rs 16.15 per share as determined in accordance with SEBI (Disclosure and Investor Protection) Guidelines 2000 to be converted into equal number of fully paid up Equity Shares of Rs 10/- each of the Company.

Source : Equity Bulls

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