Corporate Announcement
Security Code : 524500    Company : KILITCH    
 
Kilitch Drugs - Cancellation of warrants issued on preferential basis 
  Exchange Disseminated Time     
Kilitch Drugs India Ltd informed BSE that with reference to the issue of 29,00,000 warrants to Promoter and Non-promoters allotted on preferential basis, the Company has received letters from the following warrant holders, except Promoters (promoter were allotted 13,00,000 warrants which stands) for withdrawal of their application and the Company has forfeited amount received on application of the afore said warrants being 10% (ten percent) of the said subscription price paid on allotment is forfeited to the Company in the terms of the resolution passed in the Extra Ordinary General meeting held on August 11, 2008 and DIP Guidelines.

1. Name of the allottees : Sophia Growth A Share Class of Somerset India Fund
- Category : Non Promoter
- No of warrants : 700000

2. Name of the allottees : India Max Investment Fund Ltd
- Category : Non Promoter
- No of warrants : 600000

3. Name of the allottees : Finaventure Advisory Services India Pvt. Ltd
- Category : Non Promoter
- No of warrants : 100000

4. Name of the allottees : Narayan Tulsidas Rathi
- Category : Non Promoter
- No of warrants : 75000

5. Name of the allottees : Rafat Sultan
- Category : Non Promoter
- No of warrants : 75000

6. Name of the allottees : Mukesh Damji Shah
- Category : Non Promoter
- No of warrants : 50000.
 

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