IKF Finance has informed that the board of directors of the company at its meeting held on December 03, 2012, has considered and approved the offer up to 2,05,60,000 equity shares / warrants compulsory convertible debentures / preference shares etc. to the resident and non resident Indians including promoters, at a premium as arrived in accordance with SEBI guidelines, in one or more trenches, subject to the approval of the Shareholders and the Stock Exchange, on preferential basis.
The above information is a part of company’s filings submitted to BSE.