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Promax Power Ltd - Board Meeting Outcome for Outcome Of Board Meeting For Allotment Of Bonus Shares
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10 Apr 2024
We wish to inform you that our Company, Promax Power Limited (&apos;the Company&apos;) in its Board Meeting dated April 10, 2024 have allotted 1,25,00,000 Equity Shares of Rs. 10/- each as fully paid Bonus Shares to the existing shareholders of the Company as on Record Date April 09, 2024 in the ratio of 1:1 (i.e. 1 (One) fully paid Equity Shares for every 1 (One) Equity Shares held). Post the above allotment, the paid-up Equity Share capital of the Company would stand at Rs. 25,00,00,000/- consisting of 2,50,00,000 equity shares of Rs. 10/- each. The said shares shall rank pari-passu with existing Equity Shares of the Company in all respect. The Board Meeting commenced at 1:00 p.m. and concluded at 04:00 p.m.
View all announcements for Promax Power Ltd Source: BSE India