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JMC Projects (India) has informed that the Board of Directors of the Company at its meeting held on September 11, 2015, has considered and approved raising of funds up to Rs 160 crores by way of offer and issue of equity shares to the existing shareholders of the Company on a rights basis (Rights Issue).The Board or Committee of Directors has authorized for the purpose shall determine the terms of the Rights Issue including the rights entitlement ratio, issue price, issue size, book closure or record date, entitlement, timing of the issue etc in consultation with the Lead Manager to the Right Issue and to decide all other matters relating to the Right Issue. Such details shall be informed and/or announced in due course as and when decided or required, as per applicable statutory provisions. The above proposals to issue of shares shall be subject to necessary approvals, confirmation and consents as may be necessary and in compliance with applicable law including the provisions of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 and the Companies Act, 2013.

The above information is a part of company’s filings submitted to BSE.

JMC Projects (India) Share Price

118.60 0.00 (0.00%)
10-Jan-2023 18:01 View Price Chart
Peers
Company Name CMP
Lodha Developers 927.40
Dilip Buildcon 476.10
DLF 598.50
Oberoi Realty 1662.40
Ahluwalia Contract(I 875.10
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