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Kellton Tech Solutions announced that the Board of Directors of the Company at its meeting held on 30 June 2014, inter alia, has approved the following resolutions;
Allotted 78,00,000 Warrants of Rs 15 each, convertible into Equity Shares of Rs 5 each, at a premium of Rs 10 each, per Warrant to Promoters and Other than Promoters on preferential basis.
Allotted 58,98,444 Equity Shares of Rs 5 each, at a premium of Rs 10 each, at cash, by converting 58,98,444 Warrants to following applicants, from whom the entire share application money of Rs 15 each, was received by the Company, as on the date of allotment.
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