PMC FINCORP LIMITED - Board Meeting Outcome for Board Of Directors Of PMC Fincorp Limited ('The Company') In Accordance With Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('Listing Regulations').

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PMC Fincorp Limited - Board Meeting Outcome for Board Of Directors Of PMC Fincorp Limited ('The Company') In Accordance With Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('Listing Regulations').

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05 Jun 2024
1. Approved the increase and alteration of Authorized Share Capital of the Company from Rs. 60,00,00,000/- (Rupees Sixty Crore Only) divided into 60,00,00,000 (Sixty Crore) Equity Shares of Re. 1/- each to Rs. 90,00,00,000 /- (Rupees Ninety Crore Only) divided into 90,00,00,000 Equity Shares of Re. 1/- each, subject to the approval of the members of the Company 2. Considered and approved the fund raising by way of the issue of equity shares of the company to its eligible shareholders as on the record date (to be notified later) on a right basis ('Rights issue'), for a maximum amount upto Rs. 49,00,00,000/- (Rupees Forty Nine Crore Only) (the 'Issue'), subject to receipt of necessary approvals, as applicable and in accordance with applicable provisions of the Companies Act, 2013, as amended, Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ('SEBI (ICDR) Regulations'), as amended, and other applicable laws.
View all announcements for PMC Fincorp Limited	Source: BSE India

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