Date:26/03/2006 URL: http://www.thehindubusinessline.com/2006/03/26/stories/2006032602930200.htm

Back Khaitan to offer shares to promoters

Our Bureau

Hyderabad, March 25

Following the approval of shareholders at an extraordinary general meeting (EGM) held on Thursday, Khaitan Electricals Ltd has decided to hold a meeting of its board of directors on March 28 to consider allotment of 10-lakh equity share warrants of Rs 10 each at a premium of Rs 50 per warrant to promoters on preferential basis as per SEBI guidelines.