On 18 April 2014
Mayur Uniquoters at its extra-ordinary general meeting of the company held on 18 April 2014, has approved to increase the authorised share capital of the company from Rs 25,00,00,000 dividend into 5,00,00,000 equity shares of Rs 5 each to Rs 86,00,00,000 consisting of 15,25,000 compulsorily convertible participating preference shares of Rs 400 each and 500,00,000 equity shares of Rs 5 each, To alter the articles of association accordingly, and to issue 14,86,000 compulsorily convertible participating preference shares of Rs 400 each at a premium of Rs 71.06 which are convertible into 29,72,000 equity shares of Rs 5 each at a price of Rs 235.53 to WestBridge Crossover Fund LLC.Powered by Capital Market - Live News