Board of KSK Energy Ventures allots warrants

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Capital Market
Last Updated : Oct 20 2014 | 10:01 AM IST

At meeting held on 18 October 2014

KSK Energy Ventures announced that the Board of Directors of the Company at its meeting held on 18 October 2014 has allotted 8,08,08,080 warrants to KSK Power Holdings entitling for subscription of equivalent number of equity shares of Rs. 10/- each at a price of Rs. 99 per Warrant (including a premium of Rs. 89 per equity share) as per provisions of Chapter VII of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirement) Regulations, 2009 as amended.

As the allotment pertains to Warrants, there is no change in the paid up share capital of the Company.

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First Published: Oct 20 2014 | 9:23 AM IST

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