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Board of Max Ventures and Industries approves rights issue of shares

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Capital Market
Last Updated : Jan 15 2018 | 7:31 PM IST

Held on 15 January 2018

The board of Max Ventures and Industries at its meeting held on 15 January 2018 approved the following -

Approved raising of funds by way of offer and issue of equity shares to the existing members of the Company on rights basis (Rights Issue), at such price and right entitlement ratio as may be decided by the Board, for an amount aggregating up to Rs. 450 crore; and

Approved the appointment of Gopalakrishnan Ramachandran as the Company Secretary of the Company and Compliance Officer.

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First Published: Jan 15 2018 | 7:04 PM IST

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