Don’t miss the latest developments in business and finance.

Board of Maximaa Systems approves preferential allotment of shares and warrants

Image
Capital Market
Last Updated : May 17 2018 | 7:50 PM IST

At meeting held on 17 May 2018

The Board of Maximaa Systems approved the allotment of 22,50,000 Equity Shares (face value of Rs. 2 /-each) to Non-Promoter Investors on preferential basis in accordance with the SEBI (ICDR) Regulations, 2009. The Board also approved the allotment of 6,25,000 convertible equity warrants to Non-Promoter Investors on preferential basis pursuant to conversion of warrants into equity shares of face value of Rs. 2 /- each in accordance with the SEBI (ICDR) Regulations, 2009.

Powered by Capital Market - Live News

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

More From This Section

First Published: May 17 2018 | 7:39 PM IST

Next Story