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500240 Kinetic Engineering News Story

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Brief: Kinetic Engineering Approves Share Issue Amounting To 262.7 Million Rupees

July 11 (Reuters) - Kinetic Engineering Ltd  KNTE.BO :
    * APPROVED SHARE ISSUE TO PROMOTERS AT RUPEES 115 PER SHARE
AMOUNTING TO 262.7 MILLION RUPEES
    * APPROVED SALE OF NON-CORE ASSETS WORTH 255 MILLION RUPEES

Source text for Eikon:  ID:nBSEbclJdd 
Further company coverage:  KNTE.BO 

 ((reuters.briefs@thomsonreuters.com;))

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