Mefcom Agro Industries to reissue forfeited shares

Mefcom Agro Industries Ltd has announced that the Board of Directors of the Company at its meeting held on March 10, 2007, took note on record approval of shareholders in the Extra Ordinary General Meeting (EGM) for re-issue of forfeited shares @ Rs 210/- per share and issue of shares on preferential basis @ Rs 235/- per share.

The Board approved the allotment of 46145 Equity Shares to M/s. Avisha Credit Capital Ltd. Rest of the agenda of the meeting was adjourned.

Source : Equity Bulls

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