Brief: KDDL subscribes in redeemable preference shares for 30 mln rupees in Ethos Ltd
01/09/2016 12:13
Sept 1 (Reuters) - KDDL Ltd KDDL.NS : * Subscribed in 3,00,000 12% redeemable preference shares having a tenure of one year, totalling to INR 30 million in Ethos Ltd * Source text: [KDDL Ltd has informed BSE that the Company has subscribed in 3,00,000 12% Redeemable preference shares of Rs. 100/- each having a tenure of one year, totalling to Rs. 3,00,00,000/- (Rupees Three Crores only) in its' subsidiary. Ethos Limited by way of preferential allotment and post allotment of these shares, there shall be no change in the total number of shares on a fully diluted basis (i.e. including equity shares and conversion of all Cumulative ] * Further company coverage KDDL.NS ((Bangalore.newsroom@thomsonreuters.com))
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