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KEI Industries allots 35, 00,000 equity shares

12 Jul 2013 Evaluate

KEI Industries has informed that the Share Allotment Committee of the Board at its Meeting held on July 11, 2013, has allotted 35, 00,000 Equity Shares of face value Rs. 2 each at a price of Rs. 14 per share and 35, 00,000 Warrants at a price of Rs. 14 per warrant, convertible into equivalent number of Equity shares within a period of 18 months, on preferential basis.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Polycab India 8250.00
KEI Industries 4570.00
RR Kabel Ltd. 2424.55
Finolex Cables 1423.25
Precision Wire India 463.20
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