Increase in Paid-Up Capital of the Company

Increase in Paid-Up Capital of the Company

The Authorised Capital of the Company is  Rs.200 Crs and the Paid Up Capital was enhanced from Rs.50.65 Crores to  Rs.100.65  Crores.

The enhancement took place on the promoter Dr. M.M.Ramachandran bringing in Rs.100 Crores as his personal contribution.

His contribution has come by subscribing through preferential allotment of 5 Corers equity share purchase at a premium of Rs.10 per equity share as approved by the shareholder at the last Annual General Meeting held on 8th July 2014.

 

 

Leave us a Reply

Your email address will not be published. Required fields are marked *


9 + 1 =