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| Exchange Disseminated Time | KLK Electrical Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 31, 2011, inter alia, decided to allot 14,00,000 Equity shares of the face value of Rs. 10/- each fully paid-up at a premium of Rs. 5/- for an aggregate amount up to Rs. 2,10,00,000 for cash on preferential basis and passed the following resolutions:
- 20,00,000 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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