Mefcom Capital to allot 23,45,429 forfeited shares

Mefcom Capital Markets Ltd has announced that the Board of Directors of the Company at its meeting held on January 11, 2007, has decided to allot a total of 23,45,429 shares @ Rs 10/- per share to the applicants, who have applied for the shares under the Offer for Reissue of forfeited shares.

Further, with regard to the allotment of 4,12,971 shares which remained unsubscribed, the Board of Directors have, pursuant to Para 6 of the Offer Document, decided to allot the same to such person(s) / company(ies) / other entities, as they deem fit and desirable.

Source : Equity Bulls

Keywords