Kadvani Securities has informed that the board of directors of the company at its meeting held on October 03, 2012, has approved the offer, Issue and allot on preferential basis, up to 5,35,600 equity shares of Rs. 10 each at a premium of Rs. 20 each at a price of Rs. 30 each and 4,50,000 warrants convertible into equal no. of equity shares of Rs. 10 each at a premium of Rs. 20 each at a price of Rs. 30 each.
Further, changed the name of the company from Kadvani Securities Limited to KSL Infra & Projects Limited or KSL Overseas Limited or any other name as approved by the Registrar of Companies, Gujarat.
The above information is a part of company's filings submitted to BSE.
