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Outcome of board meeting of Bafna Pharmaceuticals

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Capital Market
Last Updated : Jan 04 2017 | 7:28 PM IST

Held on 04 January 2017

Bafna Pharmaceuticals announced that the Board of Directors of the company at its meeting held on 04 January 2017 has considered and approved the withdrawal of entire preferential issue of 40 lakh share warrants and in-principle application filed with the stock exchange.

The Board has decided to call a separate meeting of the Board of Directors on 07 January 2017 to consider and propose fresh issue of 80 lakh share warrants and/or explore various other options for raising funds.

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First Published: Jan 04 2017 | 6:46 PM IST

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