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Wednesday, November 28, 2007
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Equity News
Nov 27 2007 11:43AM
Insul Electronics makes preferential allotment
The board of Insul Electronics has made allotment of 10000 equity shares of Rs 10 each at a premium of Rs 1157 per share and 11,90,000 optionally convertible redeemable preference shares (OCRPS) of Rs 10 each at a premium of Rs 1157 per sharewas done on preferential basis to Kotak Alternate Opportunities (India) Fund, trustee is Kotak Mahindra Trusteeship Services, represented by investment manager, Kotak Investment Advisors.

This was decided at the board meeting held on 27 November 2007.

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