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Farmax India approves allotment of shares

09 Aug 2012 Evaluate
Farmax India has informed that at the meeting of the board of directors of the company held on August 08, 2012, considered and approved the allotment of 15,00,00,000 equity shares to the promoters and others on preferential basis at an issue price of Rs. 1.44 per share.

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

Peers
Company Name CMP
Nestle India 1364.90
Varun Beverages 434.65
Britannia Industries 4939.00
LT Foods 422.25
Hatsun Agro Product 1163.20
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