IKF Finance has informed that the Board of Directors of the Company at its meeting held on September 30, 2013, have considered and allotted 30,00,000 Equity Shares upon conversion of 30,00,000 warrants, on exercising option under the warrants by the Warrant holders, out of 40,00,000 Warrants allotted in terms of the Resolution passed by the Shareholders at their meeting held on March 05, 2012 and by the Board of Directors at their meeting held on March 31, 2012.
The above information is a part of company’s filings submitted to BSE.