Kumar Wire Cloth Manufacturing Company has informed that a meeting of the board of directors of the company will be held on August 27, 2012, for issue of 15,00,000 equity shares of Rs. 10 each aggregating to Rs. 150,00,000 to the promoters, co-promoters / strategic investor on preferential basis, pursuant to the order dated March 07, 2012, passed by the Honorable BIFR in Case No. 45/2003 & 48/2005.
The above information is a part of company's filings submitted to BSE.