Kirloskar Ferrous Industries has informed that the board of directors of the Company at its meeting held on March 15, 2013, has extinguished outstanding 64,479,849 Detachable Warrants, not exercised by the warrant holders for conversion into the Equity Shares, in terms of the Letter of Offer dated January 2, 2007.
The above information is a part of company’s filings submitted to BSE.