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PMC Fincorp allots equity shares

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Capital Market
Last Updated : Sep 02 2015 | 7:01 PM IST

Under bonus issue

PMC Fincorp announced that the Board of Directors of the Company at its meeting held on 02 September 2015, has issued and allotted 243,280,600 (Twenty Four Crores Thirty Two Lakhs Eighty Thousand Six Hundred) Bonus Shares of Rs. 1/- each to those shareholders who holds shares in physical/demat mode as on the Record Date i.e. 01 September 2015.

Pursuant to this allotment, the issued, subscribed & paid up equity capital of the Company has increased from Rs. 243,280,600 to Rs. 486,561,200.

The equity shares allotted as above shall, rank pari-passu with the existing equity shares of the Company and shall be entitled to such dividends and corporate benefits, if any, declared by the Company after the allotment.

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First Published: Sep 02 2015 | 6:06 PM IST

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