Corporate Announcement
Security Code : 500235    Company : KSL    
 
Kalyani Steels - Outcome of Finance Committee of Directors Meeting 
  Exchange Disseminated Time     
Kalyani Steels Ltd has informed BSE that the Finance Committee of Directors of the Company at its meeting held on October 16, 2006, has approved the following:

- Identified AMIF I Ltd, a Company incorporated under Mauritius law and having its registered / principal office at Port Louis, Mauritius as the financial investor to whom the Company shall, subject to necessary approvals and execution of definitive documents, make a Preferential Allotment of 1,600,000 Equity Shares of Rs 10/- each, at a price of Rs 315/- per Equity Share.
 

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