Financial Daily from THE HINDU group of publications
Sunday, Feb 16, 2003
Financial Daily from THE HINDU group of publications Sunday, Feb 16, 2003 |
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Corporate
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Announcements Kirloskar board okays swap ratio Our Bureau
MUMBAI: Kirloskar Oil Engines Ltd has informed the BSE that at the extraordinary general meeting of the company held on January 21, the members authorised the board of directors of the company or any committee thereof to make an issue of 2,53,690 equity shares of Rs 10 each to the equity shareholders of Kirloskar Power Supply Ltd. The shares will be allotted in the ratio of one equity share of Rs 10 each of the company for every 61 equity shares of Rs 10 each held in Kirloskar Power Supply Company Ltd, as on effective date as defined in the scheme of amalgamation of the company and Kirloskar Power Supply Company Ltd.
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