Farmax India Limited - Outcome of Board Meeting (Board Meeting Adjourned on March 10, 2015)

Farmax India Ltd has informed BSE that the Board of Directors of the Company in their meeting held on March 09, 2015, approved the following:<BR><BR>1. Allotment of 1,50,28,427 equity shares to promoters and others on preferential basis at an issue price of Rs. 1.32/- per share.<BR><BR>2. The Board Meeting has been adjourned to March 10, 2015 at 10:00 A.M. to consider the allotment of balance 7,11,08,694 equity shares.