Outcome of board meeting of Mangalam Seeds

Held on 22 June 2016

Mangalam Seeds announced that the Board of Directors of the Company at its meeting held on 22 June 2016 at 04:00 P.M. have passed the following resolutions:

1. Allotment of 11,88,000 Equity Shares at the face value of Rs. 10/- each at an issue price of Rs. 72/- each (including premium of Rs. 62/- each) on preferential basis to Promoters and Non- Promoters pursuant to the approval of members of the Company in General Meeting and in-principle approval from the Stock Exchange.

2. Appointment of Monika Bhatia, Practising Company Secretary as the Secretarial Auditor for the F.Y. 2015-16.

Powered by Capital Market - Live News