Corporate Announcement
Security Code : 517170    Company : EDVENSWA    
 
Updates on Outcome of Board Meeting 
  Exchange Disseminated Time     
With reference to the earlier announcement dated October 31, 2011 regarding Outcome of Board Meeting held on October 31, 2011, KLK Electrical Ltd has now informed BSE that, an error has crept in inadvertently in the wording of the resolution mentioned in the earlier letter.

The word mentioned as "20,00,000 equity shares” should read as "14,00,000 equity shares" accordingly the corrected resolution is given below:

- 14,00,000 equity shares of face value Rs. 10/- each at a premium of Rs. 5/- per share, allotted on a preferential basis to the following applicants:

1. Name of the proposed allottees: Rajendra Naniwadekar
No. of equity shares allotted: 3,25,000

2. Name of the proposed allottees: Rudram Investments & Finance Private Limited
No. of equity shares allotted: 25,000

3. Name of the proposed allottees: Uday Kranti Investments Limited
No. of equity shares allotted: 3,50,000

4. Name of the proposed allottees: Matnic Finvest Private Limited
No. of equity shares allotted: 3,50,000

5. Name of the proposed allottees: Venkata Soma Sekhara Reddy Vamireddy
No. of equity shares allotted: 3,50,000

Total: 14,00,000
 

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