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Medicamen Biotech informs about outcome of board meeting

14 Dec 2017 Evaluate

Medicamen Biotech has informed about approval to the Issue & Allot 324000 Equity Shares at a price of Rs 618 per share (including a premium of Rs 608 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 12th January, 2018.

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

Peers
Company Name CMP
Sun Pharma. Inds. 1760.60
Dr. Reddys Labs. 1220.75
Cipla 1333.70
Lupin 1959.20
Zydus Lifesciences 1140.75
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