Maars Software approves allotment of 13 lakh shares to Mascon Global Ltd

Maars Software International Ltd has announced that the Board of Directors of the Company at its meeting held on March 16, 2009, inter alia, has approved the allotment of 13,00,000 Equity Shares of Rs 10/- to Mascon Global Ltd.

The proposal for appointment of M/s. Narayan Swami & Associates as auditors of the Company in place of M/s. Jain Seth & co.

To convene the Extraordinary General Meeting for the purpose of the aforesaid matter (point 2) and other matters as may be required.

The Maars Software stock was trading at Rs.1.20, up by Rs.0.01 or 0.84%. The stock hit an intraday high of Rs.1.29 and low of Rs.1.20.

The total traded quantity was 7500 compared to 2 week average of 47182.

Source : Equity Bulls

Keywords