Held on 07 October 2016
Prism Medico & Pharmacy announced that the Board of Directors of the Company at its meeting held on 07 October 2016 transacted the following -Increase in Authorised Share Capital of the Company Rs 2 crore to Rs 10 crore and thereby to alter the Memorandum of Association of the Company.
Approved convening of EGM of shareholders of the Company on 04 November 2016 for the shareholders for issuance and allotment of 40,71,428 equity shares of face value of Rs 10 each to the proposed allottees on preferential basis at a price of Rs 28 (including a premium of Rs 18 per equity shares) to the tune of Rs 11.39 crore.
Relevant date for determination of the issue price is 05 October 2016.
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