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| Exchange Disseminated Time | | Kesar Enterprises Ltd has informed BSE that a Meeting of the Board of Directors of the Company will be held on March 07, 2013, to consider the letters received from the 3 Allottees of Zero Coupon Optionally Convertible Preference Shares ("OCPS") exercising their option to convert 38,47,500 OCPS being the part of the 82,35,000 OCPS allotted to them on February 06, 2013, into 8,55,000 Equity Shares of Rs. 10/- each at a price of Rs. 45/- per share (including premium of Rs. 35/-) as per terms & conditions of OCPS. |
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