How to buy kannur airport shares - share price and procedure

Applications were invited for the purchase of Shares in Kannur International Airport Limited Face Value of Share is Rs. 100 and one has to buy minimum shares of Rs. 2,00,100. 

Those who are willing to buy a minimum shares of Rs. 2,00,100 can apply for shares.

Application should be made in a white Paper. There should be Full address with Phone Number, Number of Shares needed should be mentioned in the application. 

Application for shares of minimum Rs.2,00,100 will be taken into consideration and below that will be rejected.

Application to be made along with the Demand draft of 25% of the Amount of shares willing to purchase. 

Eg: If a person like to purchase shares of Rs. 2,00,100 then hwe has to apply with a demand draft of Rs. 50,025. 

DD should be taken in the name of Kannur International Airport Limited drawn at trivandrum. DD and application should be send in the address given below

Kannur International Airport Limited

Parvathi

T.C 36/1

N.H Bypass

Chaaka, Thiruvananthapuram - 695025

Last date for sending application is January 31.

Shares cannot be sold to another person for 5 years.

Allotment of Shares to the applicants will be based on the Director Board Meeting which will be held after january 31. Rejected applicants will be refunded the DD amount.

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