Kavit Industries informs about Board Meeting

Kavit Industries has informed that a meeting of the Board of Directors of the Company will be held on July 23, 2014 to allot equity shares in lieu of Convertible warrants issued on preferential basis to those allottee who have exercise their rights of conversion. The Company has issued convertible equity warrants on preferential basis of face value of Rs. 10/- each at a premium of Rs. 5/- per warrants.

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