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Farmax India L - Outcome of Board Meeting (Board Meeting adjourned on March 06, 2015)

By Religare

Farmax India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 05, 2015, approved the following:

1. Allotment of 1,38,62,878 equity shares to promoters and others on preferential basis at an issue price of Rs. 1.32/- per share.

2. The Board Meeting has been adjourned to March 06, 2015 at 10:00 A.M to consider the allotment of balance 8,61,37,121 equity shares.

Story first published: Thursday, March 5, 2015, 23:00 [IST]
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