Outcome of Board Meeting
Kesar Enterprises Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 07, 2013, has approved conversion of 38,47,500 Optionally Convertible Preference Shares (OCPS) amounting to Rs. 3,84,75,000/- into 8,55,000 Equity Shares of Rs. 10/- each at a price of Rs. 45/- per share (including premium of Rs. 35/-) in accordance with the approval / authority given by the shareholders.07-03-2013