Moneycontrol PRO
LAMF
LAMF

Maharashtra Industrial Leasing to consider allotment of 1,00,00,000 warrants on preferential basis

Maharashtra Industrial to consider allotment of 1,00,00,000 warrants at a price of Rs. 2.50 per share to promoter and other investors on pref basis.
April 11, 2011 / 19:01 IST

Maharashtra Industrial Leasing & Investments Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on April 11, 2011, Inter alia, to consider the following.1. Allotment of 1,00,00,000 Optionally Fully Convertible Warrants (OFCW's) having face value of Rs. 10/- each at a price of Rs. 2.50 per share to Promoter and Other Investors on Preferential basis.2. Discuss about the present activities of the Company.Source : BSE

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert:

It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347