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Outcome of Board Meeting

| Updated on October 10, 2014 Published on October 10, 2014

Kiri Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 10, 2014, inter alia, has approved and decided the following;

1. Appointment of Mrs. Veenaben Padia as Additional Director of the Company;

2. Appointment of Mr. Jayesh Vyas as Chief Financial Officer of the Company;

3. Allotment of 14,75,126 Equity Shares upon conversion of Series A Foreign Currency Convertible Bonds (Series A FCCBs) to LTS Investment Fund Ltd.;

4. Allotment of 19,48,968 Equity Shares and 37,50,000 warrants convertible into Equity Shares to Mrs. Anupama Kiri, Promoter Group and 3,00,979 Equity Shares to Mrs. Kamini Bakshi, None Promoter Group on Preferential Basis as per SEBI (ICDR) Guidelines, 2009.

Source : BSE - www.bseindia.com

Published on October 10, 2014
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