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Mahamaya Steel Industries to redeem Rs 2.20 crore preference shares issued to Escort Finvest

03 Apr 2019 Evaluate

Mahamaya Steel Industries has received approval for the redemption of Rs 2.20 crore being redemption of first tranch of 8% Redeemable Non-Convertible Non-Cumulative Preference Shares of the Company issued to Escort Finvest. The Board of Directors of the Company at its meeting held on March 30, 2019 has approved the same.

Mahamaya Steel Industries engaged in the manufacturing of MS strips, MS Channels, MS Girders and MS Flats. 

Peers
Company Name CMP
JSW Steel 1268.00
Tata Steel 184.75
Steel Authority 180.00
Jindal Stainless 750.90
APL Apollo Tubes 2270.65
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