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Kinetic Engineering Ltd.

BSE: 500240 Sector: Auto
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Outcome of Share Allotment Committee Meeting

December 3, 2015, 4:20 pm | Source: BSE

Kinetic Engineering Ltd has informed BSE about the outcome of the meeting of the Share Allotment Committee of Board of Director of the Company held on December 03 2015 wherein the following business was transacted:

- Committee approved the Allotment of 224360 Equity Shares of Rs. 10/- each at a Premium of Rs. 146/- per shares to Micro Age Instruments Private Limited as per the settlement reached with Micro Age Instruments Private Limited vide Settlement Agreement dated July 21 2015.