Kesar Enterprises has informed that a meeting of the board of directors of the company will be held on December 14, 2012, to consider issue of optionally convertible preference shares to the Promoter / Persons acting in concert with the promoter on preferential basis, subject to approval of the members of the company through postal ballot process and such other approvals as may be required for the same.
The above information is a part of company’s filings submitted to BSE.