CMI LTD. - Outcome of Board Meeting

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16 Apr 2015
CMI Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 16, 2015 has decided, subject to approval of shareholders through Postal ballot/Extra Ordinary General Meeting:<BR><BR>- To Issue upto maximum no. of 30,00,000 Equity Shares having face value of Rs. 10/- each, on Preferential basis, to Non promoters and upto maximum no. of 7,00,000 Warrants convertible into equal number of equity shares having face value of Rs 10 /- each to the promoters. The relevant date on which price is to be calculated shall be determined in accordance with Chapter VII of the SEBI (ICDR) Regulations.
View all announcements for CMI LTD.	Source: BSE India

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