Outcome of Board Meeting (EGM on March 18, 2014)
Kesar Enterprises Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 13, 2014, inter alia, has approved issue of 30,65,000 Zero Coupon Optionally Convertible Preference Shares (OCPS) of Rs. 10/- each fully paid-up aggregating to Rs. 3,06,50,000/- with an option to convert into Equity Shares of the Company, either partly or fully, in one or more tranches, in one or more financial years, to the following...13-02-2014