Kaushalya Infrastructure Development Corporation has informed that the board of directors of the company at its meeting held on November 21, 2011, has allotted 1,50,25,000 convertible warrants at Rs. 11 per warrant including a premium of Re 1 per warrant to the promoters and non promoters on preferential basis, pursuant to the authority given by the members in the Annual General Meeting held on September 30, 2011.

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

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