Minda Finance Ltd allots 87500 NCRPS

The Board of Directors of Minda Finance Ltd at its meeting held on March 11, 2016, started at 11.00 A.M. and concluded at 12.15 P.M. approved the Allotment of 87,500 (Eighty Seven Thousand Five Hundred) number of 3% Non-Cumulative Redeemable Preference Shares of Rs. 400/- (Rupees Four Hundred only) each aggregating to Rs. 35,000,000/- (Rupees Three Crore Fifty Lakh only) to Minda Investment Limited on Private Placement basis.

Source : Equity Bulls

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