Max India to issue shares to QIBs

Max India Ltd has announced that the Company has done the pricing and allocation for the issue of 41,666,660 Equity Shares of Rs 2/- each at a price of Rs 240/- per share to Qualified Institutional Buyers in terms of the approval accorded by the shareholders of the Company in their Extra-Ordinary General Meeting held on March 23, 2007.

Source : Equity Bulls

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