Corporate News     22-Sep-11
Kirloskar Pneumatic Company to raise funds
To increase authorised share capital
The board of Kirloskar Pneumatic Company in its meeting on 21 September 2011 has decided to raise funds through private placement of shares under qualified institutions placement to qualified institutional buyers not exceeding Rs 200 crore, subject to requisite approval of shareholders and to issue 35 lakh convertible warrants to the promoters group.

Further, the board has decided to increase authorised share capital of the company from Rs 15 crore to Rs 40 crore.

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  Kirloskar Pneumatic Company allots 20,200 equity shares under ESOS
 ( Corporate News - 13-May-23   12:28 )
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