Mefcom Agro Industries to consider increase in FII limit to 49%

Mefcom Agro Industries Ltd has announced that a meeting of the Board of Directors of the Company will be held on December 04, 2006, to consider the following:

1. The hike in the limit of investment by Foreign Institution Investors (FIIs) up to 49% of Paid up capital of the company.

2. The proposal for Amalgamation / Merger with same synergy of companies.

Source : Equity Bulls

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