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Outcome of board meeting of Market Creators

Capital Market 

Held on 09 March 2018

Market Creators announced that the Board of Directors at its meeting held on 09 March 2018 approved the following -

1. has been constituted for the purpose of Allotment and None of has participated for voting and in Meeting.

2. Approved the Preferential Allotment of DVR Equity Shares of 5 Cr. of Rs. 10 each at Par to Prospective Investors i.e. Mani Market Creaters (Rs. 52500000), Dr. Jayantilal H Shah (Rs. 1500000) and Rashmikant G Acharya (Rs. 1000000).

3. Adopted the Amended Memorandum of Association and Article of Association.

4. Approved the filling of necessary Forms and Other Documents to ROC and Stock Exchange.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, March 09 2018. 19:11 IST