KSK Power Ventur PLC
08 November 2006
KSK POWER VENTUR PLC
Completion of reorganisation
KSK Power Ventur plc ('KSK' or 'the Company'), an innovative developer of
private power projects in India, announces the completion of its previously
announced reorganisation ('the Reorganisation') following its successful
placing and admission to trading on AIM.
As set out in the Company's AIM admission document dated 26 October 2006, the
Reorganisation involved part of the placing proceeds being used to subscribe
for new ordinary and preference shares in KSK Energy Ventures Private Limited
('KSK India'), and the subsequent buy back and redemption of certain existing
ordinary and preference shares in KSK India. Accordingly, the Company is now
the ultimate beneficial owner of the entire issued share capital of KSK India
and all of its subsidiaries.
For further information, please contact:
KSK Power Ventur plc +(91) 40 2355 9922
S. Kishore, Executive Director
Arden Partners plc 020 7398 1600
Richard Day
Steve Pearce
Hogarth Partnership Limited 020 7357 9477
Nick Denton
Barnaby Fry
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.