Kavit Industries has informed that the Board of Directors of the Company at its meeting held on March 12, 2014, has decided to hold the Extra-Ordinary General Meeting of the shareholders of the Company April 09, 2014 for shareholders approval for Issue of 4,00,00,000 convertible equity warrants of Rs 10 on preferential basis in accordance with the provisions of Companies Act & as per SEBl (Issue of Capital & Disclosures Requirements) Regulations, 2009 to the various investors.
The above information is a part of company’s filings submitted to BSE.
