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Mideast India gets nod to raise Rs 2.30 crore

17 Mar 2020 Evaluate

Mideast (India) has received approval to raise Rs 2.30 crore through the issue of upto 20,30,000 equity shares of Rs 10 per share for cash at a price of Rs 10 per share on preferential basis to various proposed allottees. The Board of Directors of the company at its meeting held today on March 17, 2020, subject to the approval of the shareholders of the company, has approved the same.

Mideast (India) carry and undertakes all activities related to business of shipping in India.

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