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Kavveri Telecom Products allots equity shares under ESOS

09 Nov 2011 Evaluate

Kavveri Telecom Products has informed that the board of directors of the company at its meeting held on November 08, 2011, have approved the allotment of 2,00,000 equity shares - pursuant to conversion of warrants issued under preferential basis - to promoters and allotment of 102780 equity shares to employees pursuant to Employees Stock Option Scheme under "Kavveri ESOS 2008".

The above information is part of the company’s filing submitted to the BSE.

Peers
Company Name CMP
Black Box 800.80
ITI 262.70
Tejas Networks 553.20
Quadrant Televenture 0.67
Valiant Communicatns 1323.50
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