Corporate Announcement
Security Code : 538896    Company : KANCHI    
 
Outcome of Board MeetingDownload PDFDownload XBRL
  Exchange Received Time  18/03/2019 17:04:28         Exchange Disseminated Time   18/03/2019 17:04:34              Time Taken   00:00:06
With reference to the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of our Company met today and approved the conversion of warrants into equity shares as detailed below:

Name of the promoter No. of. Warrants held Face Value Premium offer price value 25% of value(already paid) Part of 75% of
Value( paid now) No. of. Equity shares allotted No of warrants yet to be converted
Dipesh S Jain 125000 10 350 360 3060000 11250000 5000000 18500 106500
Suresh Shah 83220 10 350 360 1980000 7489800 3500000 12950 70270
TOTAL 208220 5040000 18739800 8500000 31450 176770
 

Disclaimer

Back To Announcements