Board of Moneyboxx Finance approves fund raising and allots bonus shares

Image
Capital Market
Last Updated : Nov 25 2019 | 1:50 PM IST

At meeting held on 25 November 2019

The Board of Moneyboxx Finance at its meeting held on 25 November 2019 has approved the following -

To raise funds up to Rs 20 crore by way of preferential issue of shares/ warrants to promoters/ promoter group.

To raise fund up to Rs 20 crore by way of private placemen of redeemable NCDs.

The Board also approved the allotment of 1674346 bonus shares on record date for 23 November 2019 and the same will be credited on or before 28 November 2019.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 25 2019 | 1:25 PM IST

Next Story