Farmax India Limited approves preferential issue

The Board of Directors of Farmax India Ltd at its meeting held on March 04, 2015, has considered and approved the allotment of equity shares on preferential basis.

Further the meeting is adjourned to consider allotment of equity shares on preferential basis in proportion to the receipt of money.

Shares of Farmax India Limited-$ was last trading in BSE at Rs.0.61 as compared to the previous close of Rs. 0.64. The total number of shares traded during the day was 75071 in over 83 trades.

The stock hit an intraday high of Rs. 0.67 and intraday low of 0.61. The net turnover during the day was Rs. 49496.

Source : Equity Bulls

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