Midland Microfin Ltd calls for Board Meeting on March 19, 2016

Midland Microfin Ltd's intention to raise funds through Preferential offer of 41,06,000 Equity shares of Rs. 10/- each at a Premium of Rs. 26.53/- (total price Rs. 36.53 per share) aggregating to Rs. 14,99,92,180 (Fourteen crore Ninety Nine Lacs Ninety Two Thousand One Hundred Eighty Only) to Kitara PIIN 1501 on Private Placement basis.

Further, the Company intends to inform that a meeting of the Board of Directors of the Company to consider the above proposal is scheduled to be held on March 19, 2016.

Source : Equity Bulls

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