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PMC Fincorp informs about board meeting

17 Nov 2015 Evaluate

PMC Fincorp has informed that a Meeting of the Board of Directors of the Company will be held on November 19, 2015, to consider and transact the issue of 2,25,00,000 convertible warrants of face value of Re 1 each to promoters on preferential basis at a price of Rs 3.50 as per Regulation 76(1) of the SEBI (ICDR) Regulations, 2009 and Regulation 76B of the SEBI (ICDR) (Second Amendment) Regulations, 2015; increase in the Authorized Share Capital of the Company, if required consequent to the issue of warrants to the promoters of the Company; and to approve draft notice of the Postal Ballot to be sent to all the Equity Shareholders of the Company and other relevant documents.

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

PMC Fincorp Share Price

2.05 0.06 (3.02%)
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