Smart Finsec Ltd approves issue of NCCRPS

The Board of Directors of Smart Finsec Ltd at its meeting held on January 25, 2016, has approved the further issue of shares by way of Non-Convertible Cumulative Redeemable Preference Shares of face value of Rs. 100/- each at par aggregating to Rs 4,80,00,000 (Four Crore Eighty Lacs Only) to the Promoters.

The Board approved the increase in Authorized Capital of the Company.

Source : Equity Bulls

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