Kosha Cubidor Containers Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 10, 2011, interalia, has considered and approved the following business:
The Board approves the resolution for issuance and allotment of 60,00,000 equity shares of face value of Rs. 10/- each at a price of Rs. 13.46/- to the below list of allottees who belongs to non promoter category on preferential basis as per SEBI (ICDR) Regulations.
Further the Company has informed that, the Company has already received money from the each of the allottees at a price of Rs. 13.46/-. The Company has in total aggregate received Rs. 80,760,000/- (Eight Crore Seven Lakhs Sixty Thousand only) for the allotment of 60,00,000 (Sixty Lakhs) equity shares at a price of Rs. 13.46/- per share which are issued on preferential basis to non promoter category.Read More
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Monday, January 10, 2011
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