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KIC Metaliks: Board Meeting Outcome for Outcome Of The Meeting Of Board Of Directors Held On November 9 2021

The Board of Directors of the Company at their meeting held on November 9 2021 inter alia has considered approved and taken on record the following :

Standalone and Consolidated Unaudited Financial Results of the Company for the quarter and half year ended September 30 2021.

Redemption of 4 51 00 000 7 % Redeemable Non Cumulative Preference Shares aggregating Rs. 45.10 crores in trenches or on or before December 15 2021 out of the accumulated profit available for dividend. After the redemption the Preference Share Capital of the Company will be NIL.

The Meeting of the Board of Directors commenced at 4:14 pm and concluded at 6:00 pm.

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