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Exchange Disseminated Time | Kcp Limited has informed BSE that the Board of Directors of the Company at its meeting held on December 07, 2012, inter-alia, have approved the following :
1. The Board has declared pro-rata interim dividend on 200,00,000 12% Redeemable, Cumulative, Non-convertible Preference Shares of Rs. 10/- each held by M/s. Tata Capital Financial Services Ltd from April 01, 2012 to December 08, 2012;
2. The Board has approved a proposal to sell/transfer or otherwise dispose of the Biotech Unit of the Company Situated at Genome Valley, Turkapally (village), Alexandria Knowledge Park, Shameerpet, R.R. District, Andhra Pradesh and authorized the conduct of a Postal Ballot to obtain consent of shareholders for the same. |
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