Multiplus Holdings to allot equity shares

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Updated: 24/10/2009 | 12:00 AM IST

Finance

Capital Market

Saturday, October 24, 2009 (New Delhi)

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On preferential basis

The members of Multiplus Holdings have approved to issue, offer and allot 12,50,000 equity Shares at a price of Rs. 60 each on Preferential Basis to the list of Allottees as set out in the Notice calling the Extraordinary General Meeting of the Company dated 24 October 2009.

The members have also approved to increase the Authorized Share Capital of the Company from Rs. 3,00,00,000 to Rs. 10,00,00,000 and to alter the Capital Clause of the Memorandum of Association and Article 4 of the Article of Association.

This was decided at the extra ordinary general meeting held on 24 October 2009.