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VK Ltd. invited applications for 60,000 …

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VK Ltd. invited applications for 60,000 Equity Shares of Rs.10 each at a premium of 20% payable as: Application 5 Per Share Allotmant : 3 including premium On First and Final Call :4 Applications were received for 1,20,000 shares out of which application for 20,000 were rejected and pro- rata allotment made to the remaining applicants. Excess if any to be adjusted towards allotment. Madhav, who applied for 1,000 shares and to whom pro-rata allotment was made did not pay allotment money and his shares were forfeited immediately after the allotment
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