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KLG Systel Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 12, 2008, inter alia, has transacted the following:

- Allotment of 5,35,000 fully paid up equity shares of Rs 10/- each at a premium of Rs 251/- per shares upon exercise of conversion option by warrant holders, belongs to promoters group.

Tags: KLG Systel

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