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Outcome of board meeting of Medicamen Biotech

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Capital Market
Last Updated : Jun 21 2017 | 6:13 PM IST

Held on 21 June 2017

Medicamen Biotech announced that the Board of Directors at its meeting held on 21 June 2017 has approved the following -

Approval to the Issue & Allot 306000 Warrants, convertible into Equity Shares of the Company at a price of Rs. 543/- per warrant (including a premium of Rs.533/- each), in accordance with the SEBI (ICDR) Regulations, 2009 on Preferential Allotment basis to a promoter group and non promoter group/ Investors.

Calling of an Extraordinary General Meeting, of the Company in relation to the Preferential Issue as aforesaid on 17 July, 2017.

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First Published: Jun 21 2017 | 6:02 PM IST

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