Milgrey Finance & Investments’ board has considered and approved Preferential Issue/Private Placement of up to 17,50,000 equity shares of face value of Rs 10, at par, in accordance with SEBI (ICDR) Regulations, 2009, aggregating to Rs 1.75 crore. The Board of directors of the company at its meeting held on April 11, 2018 has approved for the same.
Milgrey Finance & Investments is in the business of finance and investment and was carrying on financing activities to film producers. Presently, the company is having main business of investment into shares and securities on short term and long term basis.