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| Exchange Disseminated Time | Kohinoor Foods Ltd has informed BSE that pursuant to letter received from Securities and Exchange Board of India (SEBI) dated December 03, 2013, the Board of Directors of the Company in its meeting held on December 05, 2013, inter alia, has decided the following matter(s):
1. Pursuant to Shareholders Resolution passed under section 81(1A) of the Companies Act, 1956, In Principal Approval received from Stock Exchanges and also approval received from SEBI, the Company has allotted 70,48,306 (Seventy Lakhs Forty Eight Thousand Three Hundred and Six Only) equity shares of Rs. 160/- per shares (face value of Rs. 10/- each and Premium of Rs. 150/- per shares) to Al Dahra International Investments LLC, UAE, after receiving the total consideration of Rs. 112,77,28,960 (Indian Rupees One Hundred and Twelve Crores Seventy Seven Lacs Twenty Eight Thousand Nine Hundred Sixty Only).
2. Pursuant to Section 161(1) of the Companies Act, 2013 (Notified section) Mr. Khedaim Abdulla Saeed Faris Alderei has appointed as an Additional Director of the Company with immediate effect to hold office upto the date of next Annual General Meeting. |
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