Total Exports Ltd approves preferential issue of shares

The Board of Directors of Total Exports Ltd at its meeting held on February 28, 2014, has approved the increase in Authorised Share Capital of the Company from Rs. 7,00,00,000/- to Rs. 8,20,00,000/-.

The Board approved issuance of 14,00,000 No. of equity shares through Preferential Issue to M/s. Abjit Mercantile Private Limited.

The above businesses will be conducted in the Extra Ordinary General Meeting of the Company which will be held on April 08, 2014.

Source : Equity Bulls

Keywords