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Macfos informs about outcome of board meeting

04 May 2024 Evaluate

Macfos has informed that the Board of the Directors of the Company at their meeting held today Saturday, 04th May, 2024 has considered and approved allotment of 5,81,397 Equity Shares of Face Value of Re 10 each at an Issue Price of Rs 430 each (including premium of Rs 420 each) amounting to Rs 25,00,00,710 to Non-Promoters on Preferential Allotment basis through Resolution passed in the Extra Ordinary General Meeting held on 23rd March 2024 pursuant to the provisions of Section 42, 62 and other applicable provisions of The Companies Act, 2013 for which In Principle approval has been received from BSE vide Letter no. LOD/PREF/TT/FIP/129/2024-25 dated April 22, 2024. The company has enclosed the details as required as per Regulation 30 of SEBI (LODR) Regulations, 2015 read with Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015. The Meeting of Board of Directors commenced at 11:00 am and concluded at 11.20 am. 

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

Macfos Share Price

1136.10 -119.40 (-9.51%)
10-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
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Rashi Peripheral 529.50
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