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K S Oils approves allotment of preference shares

06 Oct 2012 Evaluate
K S Oils has informed that the board of directors of the company at its meeting held on October 05, 2012, has approved the allotment of 1% cumulative preference shares to the CDR Lenders, resignation of Umesh Jain, nominee director of IDBI Bank and appointment of M. B. Kaul as nominee director of IDBI Bank.

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

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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.

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