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Future Market Networks informs about outcome of board meeting

18 Dec 2024 Evaluate
Future Market Networks has informed that the Board of Directors of the Company in their Meeting held today, Wednesday, December 18, 2024, have considered and approved following important business: Allotment of 31,00,000 equity shares at the face value of Rs.10 each on preferential issue basis as per the terms of issue: The Board approved the allotment of 31,00,000 Equity Shares of face value of Rs. 10 (Indian Rupees Ten only) each at a premium of INR 1.21 (Indian Rupee One and Twenty-one paise only) each fully paid up to the following allottees as per the terms approved by the shareholders at the Extraordinary General Meeting for the financial year 2024-25 held on October 29, 2024 and pursuant to In-principle approval by National Stock Exchange of India Limited and BSE Limited on December 09, 2024 and upon receipt of INR 3,47,51,000 (Indian Rupees Three Crores Forty Seven Lakhs Fifty One Thousand Only); The Board approved the allotment of 2,94,00,000 Convertible Warrants at an issue price of INR 11.21 to the allottees as per the terms approved by the shareholders at the Extraordinary General Meeting for the financial year 2024-25 held on October 29, 2024 and pursuant to In-principle approval by National Stock Exchange of India Limited and BSE Limited on December 09, 2024 and upon receipt of INR 8,23,93,500(Indian Rupees Eight Crores Twenty Three Lakhs Ninety-three Thousand Five Hundred Only).

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

Future MarketNetwork Share Price

9.92 -0.48 (-4.62%)
13-Jul-2026 13:11 View Price Chart
Peers
Company Name CMP
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CMS Info Systems 269.70
JITF Infralogistics 357.00
Sagility 42.11
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