The Board of Directors of India Finsec Ltd at its meeting held on August 04, 2014, has unanimously recommended issue and allotment of 55,00,000 equity shares of Face Value of Rs. 10/- to the proposed allottees.
The Board fixed the Extra Ordinary General Meeting of the Company on September 03, 2014 to consider the above said allotment of equity shares on a preferential basis.