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KSK Energy Ventures informs about outcome of Board Meeting

20 Oct 2014 Evaluate

KSK Energy Ventures has informed that the Board of Directors of the Company at its meeting held on October 18, 2014 has allotted 8,08,08,080 warrants to KSK Power Holdings Limited entitling for subscription of equivalent number of equity shares of Rs. 10/- each at a price of Rs. 99 per Warrant (including a premium of Rs. 89 per equity share) as per provisions of Chapter VII of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirement) Regulations, 2009 as amended. As the allotment pertains to Warrants, there is no change in the paid up share capital of the Company.

The above information is a part of company’s filings submitted to BSE

Peers
Company Name CMP
NTPC 316.70
Tata Power 350.00
Adani Power 196.95
Power Grid Corpn. 254.65
Adani Energy Solut. 1325.50
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