Kesar Enterprises has informed that a meeting of the board of directors of the company will be held on February 05, 2013, to consider unaudited financial results for the three months ended December 31, 2012, in terms of Clause 41 of the Listing Agreement and to allot 82,35,000 Zero Coupon Optionally Convertible Preference Shares ('OCPS') of Rs. 10 each fully paid-up aggregating to Rs. 8,23,50,000 to the Promoter Group Companies on Preferential basis.
The above information is a part of company’s filings submitted to BSE.
