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| Exchange Disseminated Time | | Kiri Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 30, 2015 have approved allotment of 43,33,500, 0.15% Cumulative Non Convertible Redeemable Preference shares at an issue price of Rs. 15.00 per share (including premium of Rs. 5 per share) to Tata Capital Financial Services Limited. The said cumulative non convertible redeemable preference shares will not be listed at any of the recognized stock exchange and it will be redeemed within period of 7 years from date of issue. |
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