Khaitan Electricals has informed that the Board of Directors of the Company at its meeting held on November 09, 2015, has approved to issue 5,00,000 numbers of 9% Non Convertible, Non Cumulative Redeemable Preference Shares of face value of Rs 100 at par on preferential allotment basis to Promoter Group Company. The said shares shall be redeemable at par within 20 years.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Crompt.Greaves Cons. | 260.90 |
| Whirlpool Of India | 926.15 |
| Bajaj Electricals | 397.65 |
| Orient Electric | 181.45 |
| TTK Prestige | 494.15 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: