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KP Energy informs about outcome of board meeting

18 Mar 2017 Evaluate

KP Energy has informed that the Board of Directors of the Company at its meeting held on March 18, 2017, has considered and approved the issue and allotment of 51,30,000 Bonus Equity shares of Rs 10 each to the proportion of 1.5 new Bonus Equity Shares of Rs 10 each fully paid up for every 1 existing ordinary equity share of Rs 10 each fully paid up of the Company as on the record date fixed for the purpose i.e. 16th March, 2017. The Board considered and approved the appointment of Janki Shah, Proprietor of SJV & Associates Practicing Company Secretary, as a Secretarial Auditor of the Company for the Financial Year 2016-17.

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

KP Energy Share Price

311.15 8.95 (2.96%)
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